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Leading the way: Welcoming our new CEO

Cairns Bank is proud to announce the appointment of our new Chief Executive Officer, Liam Tiernan, marking a significant transition in our leadership.

At Cairns Bank, we’re proud of our role in serving our customers and the people of Cairns and the surrounding region. 

For 18 years Peter Phillips has served as General Manager, playing a crucial role in guiding, and developing Cairns Bank into what it is today.  Sadly, 2023 marks the end of an era, as Peter has decided to retire from the role after a lengthy and much-admired contribution to the bank’s ongoing success.

At the same time, it also marks the beginning of an exciting chapter for Cairns Bank.  We’re delighted to introduce our new Chief Executive Officer – Liam Tiernan.  Liam brings a wealth of experience to this role, having dedicated two decades to the customer-owned banking sector, building relationships with communities, and helping people with their financial needs.

Liam’s banking experience extends all the way back to his hometown in Tasmania where his first job out of school was with the Commonwealth Bank, Liam was looking for a new challenge – he found it with an exciting role at Bank of Us, Tasmania’s only customer-owned bank.  Liam then moved on to become the CEO of Dnister Ukrainian Credit Co-operative Ltd in Melbourne whilst also serving as the Executive Chair of the Small Australian Mutuals Network.

At Cairns Bank, we are embarking on an exciting digital strategy aimed at providing you, our valued customers, with more digital services.  We believe that Liam, together with our newly appointed Chief Information Officer, Geoff Ryan, are the perfect team to lead this project.

Liam is a great believer in the personalised service that is at the heart of Cairns Bank.  He’s all about meeting people face to face, and seeing how Cairns Bank can continue to meet your changing needs.  Liam wants to gain a strong understanding of the business and the community.  Oh, and he’s looking forward to exploring the Daintree, doing a bit of fishing, and finding a new footy team to follow.

Michael Wenzel, Chair of our Board of Directors, said 

“We welcome Liam to the Cairns Bank family and look forward to working with him on some exciting projects in 2024 and beyond”.

We look forward to continuing to serve you and meeting your financial needs in this new and exciting chapter of Cairns Bank.