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Brett Morgan

MyState announces new MD and CEO

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3 minute read

The financial services group has hired the current CEO of BNK Bank.

MyState has appointed Brett Morgan as its new managing director and CEO.

He will join MyState beginning in January 2022 from his current role of CEO, banking and wholesale at BNK Banking Corporation.

Mr Morgan was selected “after an extensive search process that included well qualified and experienced bank leaders in Australia and New Zealand” according to MyState chairman Miles Hampton.

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MyState highlighted Mr Morgan’s “extensive digital banking experience” including a number of key executive roles at ING Direct during his 15 years at the company. He served as executive director, customers; executive director, savings; and executive director, mortgages, along with a range of other senior roles.

His previous experience also includes divisional CEO roles at fintech company Inloop and country head branch banking, marketing and private clients at ING Vysya Bank in India, a company 40 per cent owned by ING Group.

Mr Morgan will succeed Melos Sulicich, who originally announced his departure in January 2020 but later withdrew his resignation to help guide MyState through the COVID-19 pandemic.

“The MyState Board has greatly appreciated Mr Sulicich staying on to see the company through the COVID impacts on the business,” Mr Hampton said following the confirmation of Mr Sulicich’s departure in August.

“Together we have built a modern and scalable platform well positioned for significant growth, both at MyState Bank and TPT Wealth. I have thoroughly enjoyed my time at MyState and wish the board, staff and shareholders all the best of success for the future,” Mr Sulicich said at the time.

Jon Bragg

Jon Bragg

Jon Bragg is a journalist for Momentum Media's Investor Daily, nestegg and ifa. He enjoys writing about a wide variety of financial topics and issues and exploring the many implications they have on all aspects of life.