We’re very pleased to announce the appointment of Mr Don Koch to our Board of Directors. Mr Koch will commence his role as a Non-Executive Director on 11 June 2019.

Mr Koch is an accomplished senior executive with 30 years’ experience in the global financial services sector, both in board and senior management positions.

Mr Koch was CEO of ING Bank in Australia from 2009 to 2012 before transferring to become CEO of ING Bank Italy from 2012 to 2016. He most recently ran a program for ING Asia as a joint venture with a large local bank within China, the largest digital economy in the world. As the former CIO and part of the team that launched ING Direct in Australia, he has a strong understanding of digital banking from a technology, operational, strategic and governance perspective.

He spent the early part of his career in various roles at the Commonwealth Bank of Australia and Citibank Australia, and has completed the International Directors Program with INSEAD in Switzerland.

BNK Non-Executive Chairman, Peter Wallace, said he was delighted that such a high calibre executive was joining BNK.

“Don is an excellent addition to the Board. He brings highly relevant industry experience in digital banking gained from an impressive career as a senior leader with ING. He has a wealth of expertise in business strategy, along with demonstrated achievements in digitisation, customer journey experience, governance models and marketing, specifically related to digital banking. As we focus on delivering our growth plans, I am confident the Board has the right mix of skills to provide appropriate guidance and oversight to our executive team,” Mr Wallace said.

Newly appointed Non-Executive Director, Mr Koch said he was excited by the opportunities at BNK given its recent progress.

“I am delighted to be appointed to the board of BNK. The work that has been done over the last three years has set BNK up to be a significant challenger bank in Australia. The combination of great products, good people, a large distribution capability and no legacy technology issues are vital ingredients to build a successful digital banking business. I hope that with my experience I can help the board of BNK deliver further success and ultimately great returns for shareholders over time.”