BankVic appoints CEO

BankVic, a member-owned bank founded by police officers in 1974 as a credit union, has announced the appointment of Anthony De Fazio as chief executive officer.

De Fazio has been acting in the role since April 2018 and was previously chief financial officer from January 2017. Prior to joining BankVic, he was the head of finance at Kinetic Super and before that was the chief financial officer at the YMCA. He has also held senior investment and finance roles at AGEST Super, NAB and ESSS.

In a statement, the BankVic board of directors said that De Fazio was appointed after an extensive search process and that they are "very much looking forward to working with him" as they "continue to grow and develop BankVic together."