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Corporate Announcements

Beyond Bank announces new CEO.

5 minutes read
08 January 2025
Corporate Announcements

Beyond Bank, one of Australia’s largest customer-owned banks, is pleased to announce the appointment of Mr David Marshall as its new Chief Executive Officer.

Mr Marshall, most recently CEO of Ultradata, has more than 35 years’ experience in Australia’s banking sector, previously leading key mutual banks, Defence Bank and Hume Bank, and prior to that, holding senior executive positions at both Commonwealth Bank and Westpac.

“David’s deep understanding of customer-owned banking and his extensive experience in the fast-paced world of technology made him a natural choice to lead our bank as we continue to expand our commitment to deliver meaningful financial wellbeing to families and communities across Australia,” said Ms Sam Andersen, Chair Beyond Bank.

“We welcome him and look forward to his stewardship at the helm of one of Australia’s most trusted customer-owned banks.”

Currently based in Melbourne, Mr Marshall will relocate to Adelaide, where he will oversee the bank’s national metropolitan and regional network.

“I am thrilled to join Beyond Bank as I have long admired its strong community credentials and the impact it has in those communities and the people who are part of those communities,” said Mr Marshall.

“As a full service bank with a growing national presence, Beyond Bank is well placed to fill the gap being left by the major Banks, and I am relishing the opportunity to work with the team to maintain the strong momentum we have in powering those communities and building capabilities to ensure Beyond Bank provides best relationship bank service to its customers”

Mr Marshall, who takes over from interim CEO Mr Wayne Matters, will commence in the position on 26 March 2025.

Beyond Bank has also announced that Ms Cindy Batchelor has been appointed to the bank’s Board commencing on 1 February.

“We are extremely pleased to have Cindy join our Board,” said Ms Andersen. “Her skills and experience will add to the diversity and depth of our existing Board composition and ensure Beyond Bank’s board remains well equipped to govern a financial services business of the size and complexity of our Bank.”

With three decades of banking experience, Ms Batchelor fully meets the criteria set by the Board for this appointment, and she brings valuable experience in business banking, community engagement, thought leadership, and strategic risk management capability to our Board. She is also the current Chair of the Board of Auto and General Insurance Company and the Victorian Chapter Chair of Chief Executive Women.


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