Rob Hunt steps down at Bendigo and Adelaide Bank
Bendigo and Adelaide Bank has appointed a new chief executive, with Mike Hirst replacing longstanding chief Rob Hunt from the close of business tomorrow.
Hunt has been chief executive of the bank since 1988. A statement from Bendigo and Adelaide Bank chairman Robert Johanson said Hunt was retiring after presiding over the biggest period of expansion in the bank’s 150-year history.
The statement from the bank described Hirst as an experienced banker, one who had played a key role in developing and implementing the bank’s strategy during his tenure to date. He has been an employee of the bank since 2001.
Hirst said the bank had grown consistently for years and had community connections in place that would bode well for further expansion.
Recommended for you
The FSCP has announced its latest verdict, suspending an adviser’s registration for failing to comply with his obligations when providing advice to three clients.
Having sold Madison to Infocus earlier this year, Clime has now set up a new financial advice licensee with eight advisers.
With licensees such as Insignia looking to AI for advice efficiencies, they are being urged to write clear AI policies as soon as possible to prevent a “Wild West” of providers being used by their practices.
Iress has revealed the number of clients per adviser that top advice firms serve, as well as how many client meetings they conduct each week.
