Tassie bank looks for new MD/CEO

Hobart-based MyState bank is looking for a new CEO and Managing Director following the resignation of Melos Sulicich.

Sulicich joined MyState in 2014 and has had a significant impact on the business, according to MyState chair Miles Hampton. "Melos has overseen a period of substantial growth, with the banking loan book doubling to in excess of $5 billion."

MyState recently went through a digital transformation process under Sulicich's leadership, which has helped the bank grow its customer base and loan book beyond Tasmania and into mainland Australia.

"Perhaps most significantly, Mr Sulicich has successfully led us through a very challenging period for the banking industry in Australia. Customer satisfaction measures clearly indicate that we have a culture where the interests of our customers are paramount," said Hampton.

For his part, Sulicich says that he has enjoyed his time in Tasmania with MyState but wants to move closer to home. "After almost six years living away from my family in Sydney, I have made the decision to return home permanently. It has been a privilege to be the Managing Director and CEO of MyState and I am proud of the transformation achieved during my time with the Company."

Sulicich is confident that he's left the organisation in a good position. "We are a significantly different business now and have created a banking and wealth management business that is well set for the future. I believe the time is now right to let someone else take the business into its next phase of growth and development."

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

Hampton says that MyState has begun the process of appointing a new MD and CEO.