A Tasmanian bank boss who reversed his 2020 resignation to help tackle the coronavirus threat will finally leave in December.
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MyState Limited managing director and chief executive Melos Sulicich resigned in January last year.
Soon after, facing the pandemic and a host of related unknowns, the board asked him to stay on and, in March last year, he agreed to stay until at least September 2021.
The financial services group announced on Monday Mr Sulicich would now retire on December 31.
Chairman Miles Hampton said the board had greatly appreciated Mr Sulicich staying to see the company through the pandemic's effects on the business.
"While we are sorry to see him leave, we acknowledge his outstanding leadership and commitment and wish him well for the future," Mr Hampton said.
He said Mr Sulicich had a significant impact on the business after joining in 2014, with the banking loan book doubling to more than $5.5 billion.
" ... he has led the digital, technology and operational transformation of the business, with MyState now rapidly growing its customer base and loan book across mainland Australia," Mr Hampton said.
"MyState is now a modern challenger bank and wealth business, with the people, technology and systems needed to compete and grow rapidly in fast changing markets.
"Melos was instrumental in the success of our recent capital raising and, together with the investment in people, technology and systems that has been the cornerstone of his time with us, means that he leaves the company well positioned to deliver on the recently announced ambitious growth plan."
Mr Sulicich said he was confident the company was well placed to achieve its growth ambitions, but he had decided it was the right time for someone else to take it forward.
A process to appoint a successor would start soon.
MyState Limited includes MyState Bank and trustee and wealth management company TPT Wealth.