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Mortgage Business 08 July 2021
The chairman of BNK Banking Corp has resigned, prioritising his work as chief of a business lender.
BNK revealed the immediate departure of chairman and non-executive board director Jon Sutton on Wednesday (7 July).
According to the bank’s replacement chair, former deputy chairman Don Koch, Mr Sutton had advised BNK that he was stepping down due to ongoing commitments as chief executive of business lender Scottish Pacific (ScotPac).
Mr Sutton had been chair of BNK since November 2019, after being CEO and chief operating officer of Bank of Queensland as well as chief of Bankwest.
He was previously head of rural and agri banking at CBA.