Bendigo and Adelaide Bank has appointed 41-year-old Alistair Muir as a non-executive director, one of the youngest people chosen for such a role at an Australian bank.
Muir (pictured above), who will start his new role on Monday, September 12, is an experienced digital executive and entrepreneur with almost 20 years’ experience working in finance and technology.
He is currently the managing director of advisory business Vanteum and has advised several banks, insurers and fintech businesses on open banking, as well as providing advice on fintechs and digital innovation to the governments of three countries.
“I am delighted to be joining Bendigo and Adelaide Bank at such an exciting time in their digital and transformation journey,” Muir said. “The bank has taken a number of significant steps in recent years and I look forward to playing a role as it continues on its path to becoming a bigger, better and stronger bank.”
Muir has been appointed to provide the bank with valuable perspectives on digital strategy, transformation and innovation.
Muir is also a non-executive director of lenders mortgage insurance business Genworth Mortgage Insurance Australia. He was previously a non-executive director of diversified financial services business Humm Group.
Bendigo and Adelaide Bank’s chair Jacqueline Hey has welcomed Muir to the bank’s board.
“Alistair’s digital experience with a range of companies in the financial services and payments space is impressive and highly sought after,” Hey said. “He is perfectly placed to assist the bank and help us achieve our vision of becoming Australia’s bank of choice.”
On September 1, Bendigo Bank announced it had retained its title of the most trusted bank in Australia as it continued to build on its reputation as the country’s “better big bank”.
In addition to being the most trusted bank in the country, Bendigo Bank was named as one of the most trusted brands in Australia with a net promoter score (NPS) of 24.5 by research house Roy Morgan.
Bendigo and Adelaide Bank CEO and managing director Marnie Baker said it was humbling to yet again be voted the most trusted bank in the country.
“Our vision is to be Australia's bank of choice and we believe our success is driven by our purpose – to feed into the prosperity of our customers and communities, not off them,” Baker said. “It’s this purpose and the way our employees put our customers at the centre of everything they do that sets us apart from other financial institutions.”
