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St George continues to add to states

St George continues to add to states

(23 November 2009 – Australia) St George has appointed a new Managing Director for Western Australia as the group continues its corporate restructure across their retail and business banking divisions. In October, St George announced that it would be appointing Managing Directors to each state in an effort to bring customers closer to senior management decision making.

It has been announced that Malcolm Talbot will be taking on the role of Managing Director for St George Western Australia.

Mr Talbot has spent the last seven years heading up St George’s Corporate and Business Bank division and has been with the group for the last 10 years.

Mr Talbot said that the new structure means that St George will provide a compelling alternative to the Big Four.

The bank is big enough to service all of St George’s customers’ needs but small enough to provide personalised and localised financial solutions for WA customers, Mr Talbot added.

St George considers Western Australia to be a major focus for the group. Recent branch expansion saw branch numbers grow from one in 2006 to eight in 2009 and St George is planning to add further staff to meet customer and business demand, Mr Talbot highlighted.

In October, Martin Barrett was announced as the new Managing Director for Queensland.

Greg Bartlett, chief executive officer, St George, said the bank hopes the new structure will ensure all regions and states are directly represented on the banks executive team.
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