MyState CEO postpones departure

Melos Sulicich, who announced his departure from the Tasmania-based bank earlier this year and was due to leave at the end of June has agreed to stay on at least another 18 months.

MyState chair Miles Hampton said the board recognised that the economic uncertainty of the present time and felt it was important to maintain continuity in their leadership team. "Melos knows our business very well and his ongoing leadership will ensure we get through this challenging period as a strong bank, focused on our customers and our communities."

Sulicich said previously that he had enjoyed his time in Tasmania, however was looking to return closer to home in Sydney.

Sulicich joined MyState from Westpac, where he was the CEO of the Rams Financial Group from 2008 - 2013.