Qudos Bank affirms CEO

Michael Anastasi
MICHAEL ANASTASI
Qudos Bank - Chief Executive Officer
APPOINTMENT
QUDOS BANK
Date: May 2020
Position: Chief Executive Officer

Qudos Bank has named Michael Anastasi their new CEO.

Anastasi joined the organisation in 2007 as chief financial officer, and has been the CEO in an acting capacity for more than a year.

Qudos chair Mark Boesen said the board conducted an extensive search but believes that Anastasi is the right person for the job."In this difficult time of worldwide hardship and uncertainty, ensuring we have the right leader to achieve a strong course for Qudos is vital," he said. "The Board believes that Michael's solid background in business performance, finance, and leadership means he is well equipped to guide the growth and success of Qudos Bank. He has the confidence of the executive and management leadership teams which will ensure the deeply rooted culture that is important to the Bank's customers and employees remains a key asset."

"I'm honoured to be appointed CEO of an organisation that's so close to my heart," said Anastasi. As a customer-owned bank that has been serving its clients for over 60 years, I feel privileged to be entrusted with this responsibility."

Anastasi says he's looking to the future. "On the other side of this pandemic we look forward to sharing our story and refreshed brand that has been in the pipeline for the past 18 months. We think it's an important story to tell, a story that pays homage to our heritage and looks to build a mutually beneficial future, one that will resonate with existing customers and prospects alike."

Before joining Quodos, Anastasi spent time with a few different credit unions including Australian National Credit Union as head of risk, the Bankstown City Credit Union, and the Sutherland Credit Union.