The Mutual Bank’s Chair, Steve Meyn has welcomed the appointment of Scott King and Steve Martinelli to The Mutual Bank’s Board of Directors.

Steve said both men have extensive backgrounds in the banking and finance industry and bring a wealth of knowledge to the Hunter-based bank.

“More importantly, both Scott and Steve are passionate about the Mutual sector and have a proven track record of working collaboratively,” Steve said.

As a senior banking, finance and asset management executive, Steve Martinelli brings more than 40 years of experience in world-class local and global institutions to the Board, including as CEO of a customer-owned bank.

Steve Martinelli will be a member of the Board’s Risk Committee.

“Steve Martinelli brings deep experience across multiple international jurisdictions, and specialist expertise in consumer lending products, commercial lending, distribution, strategy and operations,” Steve Meyn said.

Scott King has extensive experience in finance, risk management, strategy, and technology, including as CEO and CFO of a customer-owned bank, and has been a spokesperson, international speaker and commentator for the mutual banking sector.

“With extensive strategic and operational experience, particularly at Board and Executive level, Scott takes a collaborative approach to problem-solving and decision making,” Steve Meyn said.

“He will also be a member of the Board’s Information Technology Committee.”

Steve Martinelli and Scott King joined current Directors Steve Meyn, Melinda Smith, Deb Mirisch, Sharon Howes and Geoff Seccombe from 18 May 2023.