realestatebusiness logo

Subscribe to our newsletter

Bendigo and Adelaide Bank confirms next CFO

The non-major bank has revealed the current Colonial First State CFO will join its executive leadership later this year.

Bendigo and Adelaide Bank Limited (Bendigo and Adelaide Bank) has announced that Andrew Morgan will be its next chief financial, following current CFO Travis Crouch’s decision to step down from his current role. 

As per the non-major banking group, Mr Crouch’s decision was based on a wish to “spend more time with his young family”. 

He will remain with the group as deputy CFO. 

Mr Morgan is expected to commence his time with the non-major bank sometime in June this year, and is said to bring more than 30 years of experience to the position. 


His most recent role was as the CFO of Commonwealth Bank superannuation business Colonial First State, which he began in July 2021.

Prior to this, he was the CFO of MLC Australia from 2019 to 2020, as well as the CFO of Commonwealth Bank’s wealth management arm from 2015 to 2019. 

Bendigo and Adelaide Bank chief executive and managing director Marnie Baker commented that the group is “pleased to appoint someone of Andrew’s calibre to the role of CFO”. 

“His experience and understanding of the banking landscape will help us to execute our strategy and become a bigger, better and stronger bank,” she said. 

“After more than 20 years at Bendigo and Adelaide Bank, Travis is a highly regarded member of the executive team. We support Travis in his decision to spend more with his family and believe the arrangement is a win-win for the bank.” 

The news follows Bendigo and Adelaide Bank confirming Bruce Speirs as its chief operating officer earlier this year, and that former ANZ Trustees non-executive Victoria Weekes would be joining as a non-executive director

[Related: ‘Fierce competition’: Bendigo and Adelaide Bank manages mortgage growth]

Bendigo and Adelaide Bank confirms next CFO
Bendigo and Adelaide Bank confirms next CFO

Sam Nichols

Sam Nichols is a journalist at The Adviser and Mortgage Business. His reporting has featured in a range of outlets including ABC News, SBS' The Feed, and VICE.

Latest News

The bank has announced it is partnering with Nano to utilise its tech to offer a digital mortgage for retail customers in Q3. ...

The Reserve Bank has revealed that it weighed up three different options for the size of the first cash rate rise in almost 12 years. ...

The major bank has launched its digital home loan division, Unloan, which is a product that has a progressive interest rate discount. ...


Join Australia's most informed brokers

Do you know which lenders are providing brokers and their customers with the best service?

Use this monthly data to make informed decisions about which lenders to use. Simply contribute to the survey and we'll send you the results directly to your inbox - completely free!

What is the maximum proportion of income borrowers should use to service a mortgage?

Website Notifications

Get notifications in real-time for staying up to date with content that matters to you.