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 financial services company has made two senior appointments to its super and investments leadership team.
The $89 billion fund has named co-chief investment officers following the resignation of Andrew Lill earlier this month.
The industry body is adding 25 years of financial services experience to its leadership team with a new appointment.
The industry body has welcomed a new deputy CEO and a new executive general manager for policy.