Bendigo and Adelaide Bank Limited announced that the business banking executive Bruce Speirs has been appointed to the new role of Chief Operating Officer with a focus on reducing complexity, strengthening processes and practices, and improving productivity across the Bank. Executive Richard Fennell has been appointed acting Chief Customer Officer, Business and Agribusiness alongside his current role as Chief Customer Officer, Consumer Banking and will hand over responsibility for Business and Agribusiness to the Chief Customer Officer Business and Agribusiness once they have been appointed. Rural Bank CEO Alexandra Gartmann has decided that now is the right time to pursue other opportunities and will be stepping down from her role on 1 February.

Alexandra has successfully led the Rural Bank for the past six years.