Executive Team

Melos Sulicich Chief Executive Officer

Melos is the Chief Executive Officer (CEO) of Bank of Sydney, Australia (as of 15 May 2023).

Melos has extensive Australian and international experience within a number of leadership and Board positions. Furthermore, he has proven experience in driving growth across industries and deep expertise in the banking and financial services sector. His key leadership roles have included; Managing Director and CEO of MyState Ltd, CEO RAMS Financial Group, Non-Executive Director Challenger Bank Limited (member Audit Committee and Risk Committee), Non-Executive Director Australian Banking Association Limited (member Finance, Audit and Risk Committee).

Melos holds a Bachelor of Business from the University of South Australia, is a graduate member of the Australian Institute of Company Directors (GAICD), and FINSIA Fellow (F FIN).

Melos Sulicich

Melos is the Chief Executive Officer (CEO) of Bank of Sydney, Australia (as of 15 May 2023).

Melos has extensive Australian and international experience within a number of leadership and Board positions. Furthermore, he has proven experience in driving growth across industries and deep expertise in the banking and financial services sector. His key leadership roles have included; Managing Director and CEO of MyState Ltd, CEO RAMS Financial Group, Non-Executive Director Challenger Bank Limited (member Audit Committee and Risk Committee), Non-Executive Director Australian Banking Association Limited (member Finance, Audit and Risk Committee).

Melos holds a Bachelor of Business from the University of South Australia, is a graduate member of the Australian Institute of Company Directors (GAICD), and FINSIA Fellow (F FIN).

Victor Andersson Chief Financial Officer

Victor is the Chief Financial Officer (CFO) and is responsible for managing the Finance, Treasury, Data Management and Strategic Planning functions of the Bank. Victor has extensive experience within retail banking, with over 18 years spent in financial and regulatory disciplines across Australia and the UK.

Prior to joining Bank of Sydney, Victor was a Client Director with Deloitte. He delivered a wide range of assurance and advisory services to the financial services sector in areas including External Audit, Internal Audit, Strategy, Governance, Risk Management and Risk Culture. Victor holds a Master of Arts (Honours) in International Business from the University of Edinburgh and is a Chartered Accountant with the Institute of Chartered Accountants of Scotland (ICAS).

Victor Andersson

Victor is the Chief Financial Officer (CFO) and is responsible for managing the Finance, Treasury, Data Management and Strategic Planning functions of the Bank. Victor has extensive experience within retail banking, with over 18 years spent in financial and regulatory disciplines across Australia and the UK.

Prior to joining Bank of Sydney, Victor was a Client Director with Deloitte. He delivered a wide range of assurance and advisory services to the financial services sector in areas including External Audit, Internal Audit, Strategy, Governance, Risk Management and Risk Culture. Victor holds a Master of Arts (Honours) in International Business from the University of Edinburgh and is a Chartered Accountant with the Institute of Chartered Accountants of Scotland (ICAS).

Huw Bough Chief Retail Banking Officer

Huw is the Chief Retail Banking Officer (CRBO) for the Customer & Distribution division (as of 16 October 2023), which includes Retail Banking and Third-Party Distribution.

Huw is a seasoned Group Executive with more than 25 years industry experience in distribution, franchising, retail and intermediary channels. He has a deep understanding of business to consumer and business to business channels, with proven experience in successfully driving strategy and execution for both direct and broker channels. His previous roles included: General Manager of Banking MyState Bank, as well as a number of GM roles within the Westpac Group.

He holds a Diploma of Finance, and Mortgage Broking Management.

Huw Bough

Huw is the Chief Retail Banking Officer (CRBO) for the Customer & Distribution division (as of 16 October 2023), which includes Retail Banking and Third-Party Distribution.

Huw is a seasoned Group Executive with more than 25 years industry experience in distribution, franchising, retail and intermediary channels. He has a deep understanding of business to consumer and business to business channels, with proven experience in successfully driving strategy and execution for both direct and broker channels. His previous roles included: General Manager of Banking MyState Bank, as well as a number of GM roles within the Westpac Group.

He holds a Diploma of Finance, and Mortgage Broking Management.

Maria Karavias Chief Marketing Officer

Maria is the Chief Marketing Officer (CMO) and responsible for Brand & Advertising, Customer Value Proposition, Customer Experience and Product Management for Bank of Sydney. Maria has over 25 years’ experience working for many of Australia’s leading companies within financial services, media, retail and business services to deliver exceptional customer and business outcomes.

Maria holds a Bachelor of Commerce from the University of Tasmania and an MBA from the University of NSW.

Maria Karavias

Maria is the Chief Marketing Officer (CMO) and responsible for Brand & Advertising, Customer Value Proposition, Customer Experience and Product Management for Bank of Sydney. Maria has over 25 years’ experience working for many of Australia’s leading companies within financial services, media, retail and business services to deliver exceptional customer and business outcomes.

Maria holds a Bachelor of Commerce from the University of Tasmania and an MBA from the University of NSW.

Kieran McKenna Chief Risk Officer

Kieran is the Chief Risk Officer (CRO) and is responsible for ensuring Bank of Sydney’s risk-management processes effectively protect our customers, employees and key stakeholders.

Kieran is an experienced risk leader with over 30 years’ within the Australian financial services sector, leading and shaping risk and compliance functions to support the achievement of business strategies. His previous leadership roles include: Chief Risk Officer with Cuscal, General Manager, Business Risk – Retail Division with Commonwealth Bank, Head of Risk – Retail (& Wealth) with Westpac Group and a number of key Risk Manager roles with the ASX.

He holds a Master of Business Administration and Advanced Management Program qualification from Macquarie Graduate School of Management (MGSM). He is a Fellow of FINSIA.

Kieran McKenna

Kieran is the Chief Risk Officer (CRO) and is responsible for ensuring Bank of Sydney’s risk-management processes effectively protect our customers, employees and key stakeholders.

Kieran is an experienced risk leader with over 30 years’ within the Australian financial services sector, leading and shaping risk and compliance functions to support the achievement of business strategies. His previous leadership roles include: Chief Risk Officer with Cuscal, General Manager, Business Risk – Retail Division with Commonwealth Bank, Head of Risk – Retail (& Wealth) with Westpac Group and a number of key Risk Manager roles with the ASX.

He holds a Master of Business Administration and Advanced Management Program qualification from Macquarie Graduate School of Management (MGSM). He is a Fellow of FINSIA.

Fawaz Sankari Chief Business Banking Officer

Fawaz is the Chief Business Banking Officer (CBBO) for the Customer & Distribution division, which includes Corporate, Institutional, Trade and International Banking. After joining Bank of Sydney as Head of Commercial Banking in May 2012, Fawaz has held numerous executive roles with the Bank notably Executive General Manager – Commercial, and Chief Banking Officer.

With more than 26 years of banking experience in Retail and Corporate & Institutional Banking, Fawaz has previously held senior executive roles with NAB and CBA Group, and holds directorships on various external boards in both the education and business-commerce sectors. Fawaz is a Justice of the Peace Volunteer and holds a Master of Business Administration from the Australian Institute of Management.

Fawaz Sankari

Fawaz is the Chief Business Banking Officer (CBBO) for the Customer & Distribution division, which includes Corporate, Institutional, Trade and International Banking. After joining Bank of Sydney as Head of Commercial Banking in May 2012, Fawaz has held numerous executive roles with the Bank notably Executive General Manager – Commercial, and Chief Banking Officer.

With more than 26 years of banking experience in Retail and Corporate & Institutional Banking, Fawaz has previously held senior executive roles with NAB and CBA Group, and holds directorships on various external boards in both the education and business-commerce sectors. Fawaz is a Justice of the Peace Volunteer and holds a Master of Business Administration from the Australian Institute of Management.

Belinda Sathurayar Chief People Officer

Belinda is the Chief People Officer (CPO) and responsible for driving the people agenda to achieve the Bank’s strategic goals. With over 20 years’ experience in human resource management within professional services, Belinda is a strategic people partner that drives the business throughout the employee lifecycle to foster an engaging and safe work environment.

Prior to joining Bank of Sydney, Belinda has held various senior human resource leadership positions within assurance, financial, legal and accounting firms. Belinda has studied at the Australian Human Resources Institute and holds a Diploma in Management at the University of Sydney.

Belinda Sathurayar

Belinda is the Chief People Officer (CPO) and responsible for driving the people agenda to achieve the Bank’s strategic goals. With over 20 years’ experience in human resource management within professional services, Belinda is a strategic people partner that drives the business throughout the employee lifecycle to foster an engaging and safe work environment.

Prior to joining Bank of Sydney, Belinda has held various senior human resource leadership positions within assurance, financial, legal and accounting firms. Belinda has studied at the Australian Human Resources Institute and holds a Diploma in Management at the University of Sydney.

Diana Sitnikoski Chief - Credit Operations

Diana is the Chief - Credit Operations and is responsible for Credit Operations, Credit Recovery and Management of Non-performing Loans. Diana joined Bank of Sydney as a Credit Manager in 2005 before assuming her current role in December 2016.

Diana brings with her more than 20 years’ experience in retail and commercial lending, and holds a Bachelor of Economics and a CPA designation.

Diana Sitnikoski

Diana is the Chief - Credit Operations and is responsible for Credit Operations, Credit Recovery and Management of Non-performing Loans. Diana joined Bank of Sydney as a Credit Manager in 2005 before assuming her current role in December 2016.

Diana brings with her more than 20 years’ experience in retail and commercial lending, and holds a Bachelor of Economics and a CPA designation.