Lender snags yet another former Westpac broker head

by Adam Smith13 Aug 2014
Another high-profile former Westpac broker head has moved to non-major lender MyState.

Banking and wealth management group MyState has announced the appointment of Huw Bough as its general manager of sales and distribution.

Bough previously served a Westpac's general manager of mortgage distribution, before moving on to a role as general manager of RAMS. Bough is set to drive MyState's sales and distribution strategy across the company's retail brands, The Rock and MyState Financial. The lender said Bough would work in both direct and broker channels, as well as in the group's wealth management arm.

MyState announced in June the appointment of former RAMS had and general manager of Westpac mortgage broker distribution Melos Sulicich as its managing director and chief executive officer. Sulicich praised Bough's experience in both proprietary and third party distribution.

“Huw brings a considerable breadth and depth of experience that will strengthen our sales, distribution and customer service capability in both direct and broker channels and I am confident that he will propel our efforts to invigorate our sales and customer proposition," he said.