Bendigo and Adelaide Bank, Australia's fifth largest retail bank, today announced that Jacqueline Hey will be the next Chair. She will succeed Robert Johanson who will retire from the Board after 31 years as a director, the last 13 as Chair, at the Annual General Meeting on 29 October 2019.

Ms Hey offers a remarkable depth of experience in business and technology systems. Before joining the Board of Bendigo and Adelaide Bank in 2011, she was the CEO of Ericsson in the UK and Australia, and is currently a non-executive director of Qantas, AGL and Cricket Australia.

'I am delighted by the Board's decision to appoint Jacquie as the next Chair of the Bank. She has great business experience and now with deep knowledge of the business and effective engagement with our key stakeholders. This will ensure we continue to deliver better outcomes for staff, customers, partners and shareholders,' said Robert Johanson.

Commenting on the announcement, Ms Hey said: 'I am honoured to be appointed by the Board as Bendigo and Adelaide Bank's new Chair and am excited by the opportunity to continue to drive our competitive market position and prosperity for our customers and shareholders and their communities.

'I look forward to working with everybody connected with Bendigo and Adelaide Bank as we strive to be Australia's bank of choice,' concluded Ms Hey.

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Bendigo and Adelaide Bank Limited published this content on 30 May 2019 and is solely responsible for the information contained herein. Distributed by Public, unedited and unaltered, on 30 May 2019 10:13:10 UTC