BNK appoints new COO as director boosts shareholding

New leadership signals strategic shift

BNK appoints new COO as director boosts shareholding

News

By Jonalyn Cueto

BNK Banking Corporation Limited (ASX: BBC) has announced the appointment of Joe Mittiga as its new chief operating officer, while director Kar Wing (Calvin) Ng has increased his shareholding in the company. 

According to a news release, Mittiga joins BNK with over 25 years of experience in the financial services industry, having held senior leadership roles across Australia, the United Kingdom, and Austria. His previous positions include key roles at ING Bank, FleetPartners, Aviva Insurance, and Athena Home Loans, where he managed functions spanning mortgage and deposit operations, customer experience, vendor relationships, and risk oversight. 

Mittiga has consistently led transformation efforts and promoted continuous operational improvement throughout his career, according to BNK. In his new role, he will be tasked with enhancing BNK’s operational performance, streamlining customer service delivery, and advancing the bank’s use of technology to support sustainable growth. 

“We are thrilled to welcome Joe to BNK,” said BNK chief executive Allan Savins. “His deep industry expertise and commitment to developing high-performing teams will be invaluable as we continue to grow and evolve. With a leadership style focused on coaching, mentoring, and fostering high-performance cultures, we’re delighted to have him on board.” 

Mittiga said that he was “excited to be joining BNK at such a pivotal time,” and expressed his enthusiasm about contributing to the company’s “vision for innovation and growth.” 

Separately, BNK also disclosed that Ng has increased his indirect shareholding in the company. According to the announcement, Ng acquired an additional 12,272 ordinary shares through on-market trades, bringing his total indirect stake to 5,522,736 shares. 

Founded in 1982 as Goldfields Credit Union, BNK now operates as a branchless bank with two main brands—Goldfields Money and Better Choice

The acquisition comes as the company continues its digital and operational transformation under new executive leadership. 

BNK provides a range of financial services, with a focus on supporting brokers through its digital offerings and national distribution network. 

What are your thoughts on these developments? Share your insights in the comments below. 

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