MyState announces key board changes

ASX-listed banking and wealth management group MyState Limited has announced the retirement of one of its directors and appointed a replacement.

Ian Mansbridge has departed from his non-executive director position after seven years in the role.

“On behalf of the board, our shareholders, our employees and our customers, I would like to thank Ian Mansbridge for his long service to the group,” MyState chairman Miles Hampton said.

“He was appointed to the board of Tasmanian Perpetual Trustees Limited in 2004 and became a director of MyState Limited at the time of the merger in 2009.

“Ian’s experience, knowledge, hard work and dedication have been greatly appreciated by his colleagues and his contribution to the board has been invaluable.”

Following Mr Mansbridge’s retirement, MyState announced Brian Bissaker as its new non-executive director.

“We are very pleased that Brian Bissaker has agreed to join MyState’s board,” Mr Hampton said.

“His extensive recent experience in the financial services industry will enable him to make a significant contribution to the company as we seek to embrace new ways of doing business and expand our operations.”

Mr Bissaker joins MyState from Virgin Money Australia where he was CEO. He also held the position of group executive for Bank of Queensland.

Prior to this, he spent 10 years with Commonwealth Bank, including six years as CEO of Colonial First State.

During this time, he was also a director and deputy chairman of the Financial Services Council.

Mr Bissaker’s extensive resume also includes senior management positions with BT Funds Management and KPMG.

[Related: YBR director resigns]

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Emma Ryan

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