Farewell to our CEO, Phylip Doughty
Executive Officer, Phylip Doughty, is retiring in August to pursue his interest in farming. Phylip became our CEO in 1984, and after 27 years is leaving an organisation that has the necessary strength and reputation to become Australia’s first customer-owned bank.
While steering mecu to becoming one of Australia’s strongest mutually owned financial institutions, Phylip also made a major contribution to the mutual banking industry.
On behalf of all customers and staff, the Board of mecu wishes to pass on our appreciation to Phylip for his outstanding leadership, commitment and dedication to driving the development of mecu and its responsible approach to banking.
Phylip has enjoyed the support of a very strong and stable senior management team, so it is appropriate that mecu has made an internal appointment, selecting Damien Walsh as our new CEO. Damien previously held the role of Deputy CEO and Group General Manager, Corporate Services.
Damien has over 20 years’ experience within the mutual banking sector, and is strongly committed to taking mecu’s responsible approach forward as we become bankmecu, to create value for all customers.
Helen Clarke
Acting Chair
 |
| Phylip Doughty, retiring mecu CEO and Damien Walsh, new mecu CEO |