Get notifications in real-time for staying up to date with content that matters to you.
A former general manager of third-party distribution at Westpac has joined a Tasmania-based bank as general manager of banking – responsible for both the broker and retail channels.
MyState Limited has announced that Anthony (Tony) MacRae, who is currently the national general manager for Westpac’s retail home ownership and was recently its head of third-party distribution, will join the bank in “early 2019” as general manager of banking.
In his new role, Mr MacRae will lead MyState’s banking divisions, which include the broker channel, retail, call centres, business and agri-business.
Mr MacRae has previously held senior positions with the RAMS, where he was formerly acting CEO, and has held senior roles with PMI and Virgin Money Australia.
In his financial services career, Mr MacRae has been responsible for both retail and broker channels – and has been responsible for the strategic sales leadership of Westpac’s physical and digital salesforce.
MyState managing director and CEO Melos Sulicich commented: “We are delighted to welcome Tony to our executive team. Tony brings with him a wealth of experience in the banking sector and extensive and proven record for strategic execution and transformational growth.”
Mr MacRae holds a Bachelor of Economics from Macquarie University.
[Related: Westpac announces third-party reshuffle]
Annie Kane is the editor of The Adviser, Australia’s leading magazine for mortgage brokers.
As well as writing news and features on the Australian broking industry, the mortgage market, financial regulation, fintechs and the wider lending landscape – Annie is also the host of the Elite Broker podcast and In Focus podcasts and The Adviser Live webcasts.
Before joining Momentum Media in 2016, Annie wrote for a range of business and consumer titles, including The Guardian (Australia), BBC Music Magazine, Elle (Australia), BBC Countryfile, BBC Homes & Antiques, and Resource magazine.
You can email Annie at: This email address is being protected from spambots. You need JavaScript enabled to view it.
Brokers buoyed by shift in mortgage landscape Political and regulatory developments are conspiring in favour of...
Westpac amends residential lending policy The major bank and its subsidiaries have made changes to their re...
Lack of home ownership disadvantaging Gen Y SMEs The low level of home ownership among younger age groups has play...
The number one magazine for mortgage brokers
The Adviser is the number one magazine for Australia's finance and mortgage brokers. The publications delivers news, analysis, business intelligence, sales and marketing strategies, research and key target reports to an audience of professional mortgage and finance brokers
What do you think a Best Interest Duty for brokers should entail?
