Kevin Dupé to retire

16th Feb 2021

Regional Australia Bank Chairman Graham Orlich has announced the retirement of ‘dynamic’ CEO Kevin Dupé. Mr Orlich said that Kevin’s period as CEO has spanned over two decades starting in 2001.
“The New England Credit Union had assets of some $160million and a profit of $1.65million,” Mr Orlich said. “In our current year 2020/21, Regional Australia Bank is some $2.5billion in assets and is forecast to make a pre-tax profit of $20.1million, despite the incredible economic and health headwinds the world has faced this year.
“On behalf of the Board, I would like to thank Kevin for his commitment to excellence and strong leadership, which will be greatly missed.”
Mr Dupe said the business was now well positioned to deal with the ongoing impact of COVID-19 and was in robust shape with a good strategy and a strong balance sheet.
“I feel that now is the time to step off the stage and hand over to new leadership for Regional Australia Bank,” he said.
“I am immensely proud of what my leadership team have achieved during my tenure.
“We have been able to navigate through periods of substantial change by focusing our energies on providing an excellent offering to our wonderful customers.
“I’d like to thank my staff over the period of my career who have made my job of leading this great organisation so much easier because of their ongoing commitment to customer service excellence.”
Mr Dupe’s retirement will take effect from September 30. The board of Regional Australia Bank will now commence work on their CEO Succession Plan, starting the recruitment process to find a suitable successor.