BCCM Honour Roll award for Bank of us Director

The Business Council of Co-operatives and Mutuals (BCCM) has added Stephen Brown to its Honour Roll for 2023.

The BCCM Honour Roll is a virtual ‘hall of fame’ recognising outstanding leaders of the co-operative and mutual sector and honouring their contributions to their industry.

Stephen has been a Director at Bank of us since January 2009, serving as Chairman for 6 years from 2014 to 2020. He is retiring from the Bank of us board this year. He has been the CEO of Launceston City Mission since 2012. 

Stephen played a pivotal role in steering the Bank of us through a transformative period, his significant contributions to the bank has played a key role in its evolution and success.

Taking a collaborative approach, Stephen led the board during the transition from a building society to a bank in 2017.

The shift from a building society to a customer owned bank was driven by several imperatives. Stephen and the board collectively recognized the importance of long-term sustainability, growth, relevance, and cultivation of a younger customer base. The decision to evolve was anchored in the bank's commitment to Tasmania and Tasmanians, the desire to preserve the principles of mutuality, and maintain its status as the last and only customer owned bank in the state.

Reflecting on his time with Bank of us, Stephen cites the satisfaction of guiding the implementation of the bank's strategy and the privilege of supporting the development of the executive team.

In Stephen Brown's distinguished service to Bank of us, his legacy is one of astute leadership, strategic vision, and an unwavering commitment to the institution's values and growth.

Stephen was presented with the award at the BCCM Taste of Australia Dinner and Honour Roll in Brisbane. Go to the BCCM Honour Roll for 2023 webpage for more details.