19 April 2017
ME today gave its full support to the remuneration recommendations made by Mr. Stephen Sedgwick AO.
CEO, Jamie McPhee, said ME’s core purpose has always been to help all Australians get ahead and the Bank fully supports the initiatives.
“Being owned by industry super funds means ME has always put customers first.
“We are philosophically aligned with the recommendations and will be implementing them.
“The recommendations are comprehensive and fundamental to changing the industry, and we’re pleased the industry is supportive.
“The industry has heard the criticisms about the sales culture and these changes will improve Australia’s banking system for the better.”