Rob Hunt steps down at Bendigo and Adelaide Bank
Bendigo and Adelaide Bank has appointed a new chief executive, with Mike Hirst replacing longstanding chief Rob Hunt from the close of business tomorrow.
Hunt has been chief executive of the bank since 1988. A statement from Bendigo and Adelaide Bank chairman Robert Johanson said Hunt was retiring after presiding over the biggest period of expansion in the bank’s 150-year history.
The statement from the bank described Hirst as an experienced banker, one who had played a key role in developing and implementing the bank’s strategy during his tenure to date. He has been an employee of the bank since 2001.
Hirst said the bank had grown consistently for years and had community connections in place that would bode well for further expansion.
Recommended for you
Shaw and Partners chief executive, Earl Evans, has said the firm is seeking to double the assets under management at its latest New Zealand acquisition ISG, having made the “left field” decision to embark on overseas M&A.
Advice licensee Count has seen an appeal filed to a class action against it which was dismissed earlier this year.
Going forwards, advisers’ use of platforms will be divided into those “core” offerings and “peripheral” ones, with those in the latter category facing an existential threat.
ASIC has accepted a court enforceable undertaking from a Perth-based company auditor who failed to adequately conduct multiple audits on an advice firm that receivers say has $100 million missing.
