18-Jun-2020 • Corporate

The Chairman of ME Bank, Mr James Evans, has announced that Ms Christine Christian has tendered her resignation as a Non-Executive Director of ME Bank, due to a potential conflict of interest.

Mr Evans commented, “Christine has served the Board of ME with distinction and this is characterised by her decision to take a pragmatic approach to a potential conflict of interest.

“On behalf of the Board, I would like to acknowledge Christine’s significant contribution to ME Bank over the last seven and a half years. With over 30 years’ experience in financial services, including as CEO of Dun & Bradstreet Australia & New Zealand, Christine’s insights and guidance have been especially valuable as the Bank navigated the considerable change in the industry and the operating environment, and as it evolved and grew in order to better serve its customers. The Board thanks Christine for her dedication and commitment and wishes her well in the future.”

Ms Christian commented, “Today we are rightly seeing heightened expectations in regards to corporate governance and so as to avoid a future situation where by my directorship of ME Bank may be conflicted, I have made the decision to resign. I believe it to be the best and proper course of action and, with this in mind, my resignation is effective 31 July 2020.

“It has been a privilege to serve on the ME Bank Board and I wish both the Bank and its customers all the very best for the future.”