Coming together for our 2025 Annual General Meeting

Bank of us held its 2025 Annual General Meeting at our new head office at 93 Cimitiere Street, Launceston, on Monday 27 October 2025.

In the official proceedings, Chair Helen Galloway presented the minutes of the previous AGM, along with the Financial Statements and Reports for the year ended 2025.

CEO, Paul Ranson, gave an overview of the year, sharing highlights including lending performance, MyHome and our work providing Tasmanians with greater levels of housing security and financial wellbeing. 

He also outlined our plans for the year ahead, including how we’re positioning the Bank to navigate the external market environment and broader economic uncertainty. You can read more in our Year in Review.

In Board matters, Scott Newton retired as a Director after many years of service, including time as Chair. We thank Scott for his leadership and significant contribution to the Bank.

Mark Nugent, who retired by rotation, offered himself for re-election and was duly elected.

We also welcomed Laura McBain to the Board as a newly elected Director. Laura brings extensive commercial and governance experience across listed companies, infrastructure and customer-focused brands. Read Laura’s bio. 

Members passed a resolution to approve Director remuneration, and a further resolution to adopt an updated version of the Bank’s Constitution, which you can view in our Disclosure Documents. 

The AGM was followed by our annual Community Showcase, attended by invited customers, partners and supporters.

Delivered in partnership with the Tasmanian Chamber of Commerce & Industry, our showcase is designed to update our stakeholders on initiatives and milestones across the year. It celebrates our customer-owned model, unique in Tasmania, that allows us to be about people and purpose, as well as profit.