ME Bank’s acting chief executive, Adam Crane, has been appointed as the bank’s new chief executive, effective immediately.
ME Bank chair, James Evans, said Crane had “proven himself” since taking on the acting role in July.
“It was a smooth and effective transition, and importantly, he has the respect of our employees, shareholders and stakeholders generally,” he said.
“When Adam joined ME Bank as chief financial officer in August, the chief executive at the time and the board had succession planning in mind, as it always does with senior executive appointments. Adam’s depth of experience across finance, strategy and digital transformation and his evident leadership skills made him the standout candidate at the time.
“He again has proven to be the standout candidate for the role.”
The Albanese government has appointed Jim Craig as a member of the Future Fund Board of Guardians for a five‑year term.
The $100 billion fund has appointed a new deputy CIO from within.
The $149 billion fund has named new directors following the departure of three outgoing board members.
The Association of Superannuation Funds of Australia (ASFA) has announced changes to its structure, marking an “exciting phase of growth” for the organisation.