Weaven steps down as ME Bank chairman
Industry funds stalwart Garry Weaven has been replaced as chairman of the board of ME Bank but will remain a director.
The industry funds-owned bank announced that Weaven had been replaced as chairman effective from 1 January by Ken Hodgson.
Confirming the change, Weaven described Hodgson as a respected business leader and company director who had sat on the ME Bank board since January, 2012.
"Ken brings 28 years' experience leading banking and retail businesses including the retail and consumer banking operations at two of Australia's largest banks, NAB and Westpac, as well as five years in retail energy at AGL," he said.
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