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The Merged Bank will remain 100% customer-owned with balanced representation from both banks across both the Board and executive level with head offices in both Collingwood (VIC) and Mascot (NSW).
Damien Walsh (Bank Australia) will become Chief Executive Officer and Managing Director. The current Chair of Qudos Bank, Jennifer Dalitz, will be Chair of the Board of the Merged Bank.
An executive designate team for the merged bank has been appointed with representatives from Bank Australia and Qudos Bank in line with our merger of equals approach.