New Director Joins Bank Board

5/07/2011

Bendigo and Adelaide Bank has announced the appointment of former Ericsson CEO, Jacqueline Hey, to its Board of Directors.

Ms Hey was previously CEO of Ericsson in the UK and in Australia. She worked with Ericsson for more than 20-years in finance, marketing, sales and leadership roles in Australia, Sweden, the UK and the Middle East.

She said she’s extremely pleased to be joining the Bank’s Board.

“When I think about Bendigo and Adelaide Bank, I think about its strong and trustworthy brand, its focus on customers, partners and communities and its ability to innovate,” Ms Hey said.

Chairman, Robert Johanson, said Ms Hey’s expertise lies within the technology, telecommunications, sales and marketing spheres – key drivers in the future success of any bank.

“Jacquie complements the existing skills and experiences of our directors and brings with her a very distinctive background,” Mr Johanson said.

Ms Hey added, “Coming from outside the banking and finance industry allows me to bring a different perspective to Board discussions, particularly around technology and how customers interact with it, how the bank can use technology to connect with its customers and how it can help customers in the future.”

Mr Johanson said Ms Hey’s appointment brings the number of women on the Bank’s board to three. “Gender is one of a number of important criteria we look at to ensure the board has a wide experience in dealing with its business,” he said.

Ms Hey commented, “I’ve been lucky enough to work with companies and people that have treated me fairly and with respect, and have evaluated me on my merits throughout my career. This is very important to me and I’m happy to have found it in Australia with Bendigo and Adelaide Bank.”

Ms Hey will join the Bank’s Audit, Risk and Change Framework and Technology Governance Committees. She is the Honorary Consul of Sweden for Victoria and was appointed to the Board of the Special Broadcasting Service (SBS) last week.