UBank names acting CEO

UBank has added more duties to their COO and chief product officer. Glen Aiton will serve as interim CEO for organisation. This after the departure of Lee Hatton, who left for Suncorp earlier this month.

A statement from a UBank spokesperson said that the group was sad to lose Hatton after more than 17 years with the organisation. "Lee has made a huge contribution to the team and we wish her every success in the future.

"UBank Chief Operating Officer Glen Aiton will step in as interim CEO while the search for a replacement is underway."

Aiton has been with UBank for more than four and a half years, with the last year in the COO role. He spent the previous seven years with NAB.

UBank is a division of NAB.