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Former ME Bank BDM joins Heritage

by Reporter10 minute read
Michael Scott

Heritage Bank has announced the appointment of a new business development manager for Victoria and South Australia.

Michael Scott, ME Bank’s former business development manager, broker, has been appointed as Heritage Bank’s business development manager, Victoria and South Australia, effective immediately.

Mr Scott holds over 20 years’ experience in the retail banking sector and has also managed his own broking business.

Prior to joining ME Bank in 2007, Mr Scott held several roles at the Commonwealth Bank of Australia (CBA) and the now defunct State Bank of Victoria.


Following the announcement, Mr Scott said he was looking forward to the opportunity to explore new opportunities with Heritage Bank.

“As a mutual bank Heritage has a strong reputation based around people, something I’m very passionate about,” Mr Scott said.

“It’s very special to work in an organisation that is really is invested in best interests of its customers. 

“Heritage was one of the first mutual banks to actively work with brokers and has done so for over 20 years now.”

IHe added: “’m looking forward to strengthening relationships with brokers in Victoria and South Australia and sharing the Heritage difference.”

Heritage’s head of broker distribution, Stewart Saunders, welcomed Mr Scott’s appointment, stating that the new BDM would help strengthen the bank’s ties with its broker partners.

 “We’re delighted to have Michael on the team, his wealth of knowledge and experience will go a long way in enhancing the people first experience we provide to our brokers and customers,” he said.

Mr Saunders went on to highlight the utility of the broker channel in enhancing the abnk’s presence in the mortgage market.

“The broker market is extremely important to Heritage,” he continued.

“Aside from helping more customers, working with brokers has enabled us to deliver a national presence that would otherwise not have been viable for a smaller mutual lender to access.

“We’re investing in enhancing our services to brokers including significant improvements in our home loan origination, digital platforms for brokers, as well as on the ground support with our BDM team. We have a very exciting year ahead.”

[Related: SME lender appoints new sales manager for WA/SA]

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