The bank has simultaneously announced appointments to strengthen its board composition. Helen Thornton has been named as a non-executive director, commencing immediately, while Christine Yates will assume a similar role from 1 February, 2026.
“Since 2013, against the prevailing headwinds in financial services, Beyond Bank has trebled its assets to $11 billion, doubled member capital to nearly $780 million and strengthened its capital adequacy ratio from 16.1% to 16.6%,” Andersen said.
“We’ve expanded our community investment year on year and now partner with over 6,700 organisations across Australia, proof that performance and purpose can grow hand in hand. I am deeply proud of the way our team has delivered with integrity, purpose, and care.
“John is an exceptional choice to lead the bank as it continues on its path of robust growth and expansion. He is a world-class executive who has had a long and esteemed career in the financial services sector and is deeply committed to the strategy and values of Beyond Bank. Combine that with John’s deep understanding of mutual organisations, their unique challenges and opportunities, and there is no doubt the bank will be in very safe hands under his stewardship.”
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