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BNK Banking Corporation Limited (ASX:BBC)
ALERT: Price-sensitive ASX Announcement for BBC
Current share price for BBC : $0.240 -0.02 (-7.69%)+
Announcement
Release
2 Apr 2026 3:42PM
Price at Release
$0.260
Full Release
Summary
BNK Banking Corporation Limited announced that Allan Savins will step down as CEO, effective 2 July 2026. Steve Kinsella, the current CFO, has been appointed as interim CEO starting 2 April 2026, subject to regulatory approvals. Judith Newman will act as interim CFO during this transition. Steve Kinsella has over 30 years of experience in the banking sector, having previously worked with CBA, Bankwest, and ABN Amro. His interim CEO remuneration includes a base salary of $556,400 plus potential incentives. Mr. Savins' tenure since 2018 has been marked by significant contributions to BNK's growth and strategic initiatives.
Key Points
- Allan Savins to step down as BNK CEO.
- Steve Kinsella appointed as interim CEO.
- Judith Newman to serve as interim CFO.
- CEO transition effective from 2 April 2026.
- Savins has been with BNK since 2018.
- Kinsella's remuneration as interim CEO detailed.
- Kinsella has 30+ years of banking experience.
IMPORTANT NOTE: This information is autogenerated and has not been reviewed for accuracy or completeness. You should refer to the full announcement here for further information.
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