Our Team

Board of Directors

Dr Nicholas Pappas AM Chairman of the Board of Directors

Nicholas is a Sydney lawyer in private practice. In addition to his role as Board Chairman, he serves on the Bank's Audit & Remuneration Committees. He is Chairman of South Sydney District Rugby League Football Club Limited ('the Rabbitohs'), and South Sydney Members Rugby League Club Limited. He also serves on the Boards of the Steve Waugh Foundation – Australia, the Hellenic Club Limited and Melbourne's Hellenic Museum. Dr. Pappas is the Honorary Secretary of the Greek Orthodox Archdiocesan Council and a Trustee of the Greek Orthodox Archdiocese of Australia Consolidated Trust. He was appointed to the General Division of the Order of Australia (AM) in 2013 for services to the Arts, Rugby League & the Greek-Australian community.

Dr Nicholas Pappas AM

Nicholas is a Sydney lawyer in private practice. In addition to his role as Board Chairman, he serves on the Bank's Audit & Remuneration Committees. He is Chairman of South Sydney District Rugby League Football Club Limited ('the Rabbitohs'), and South Sydney Members Rugby League Club Limited. He also serves on the Boards of the Steve Waugh Foundation – Australia, the Hellenic Club Limited and Melbourne's Hellenic Museum. Dr. Pappas is the Honorary Secretary of the Greek Orthodox Archdiocesan Council and a Trustee of the Greek Orthodox Archdiocese of Australia Consolidated Trust. He was appointed to the General Division of the Order of Australia (AM) in 2013 for services to the Arts, Rugby League & the Greek-Australian community.

Ben Edney Chairman of the Board Risk Management Committee

Ben is Chairman of the Board Risk Management Committee. Mr. Edney is an accomplished finance industry expert with 30 years domestic and international experience with National Australia Bank and KPMG in advisory, risk and restructuring. In addition to his directorship with Bank of Sydney, Mr. Edney is also chairman of Nimble Money Limited as well as Williams Holdings Limited in New Zealand and Managing Director of Lempriere Capital.

Ben Edney

Ben is Chairman of the Board Risk Management Committee. Mr. Edney is an accomplished finance industry expert with 30 years domestic and international experience with National Australia Bank and KPMG in advisory, risk and restructuring. In addition to his directorship with Bank of Sydney, Mr. Edney is also chairman of Nimble Money Limited as well as Williams Holdings Limited in New Zealand and Managing Director of Lempriere Capital.

Nikolas Hatzistergos Chairman of the Board Audit Committee

Nikolas is the Chairman of the Board Audit Committee. He is also Managing Director of William Buck (NSW) Pty Ltd and Chairman of William Buck Limited. He is President of the Hellenic Club Limited and a Director at St Basil’s Homes. He is a Director of the Management Board and Member of the Governing Council of Praxity (AISBL). He is also a Director and Chairman of the Audit and Finance Committee for South Sydney District Rugby League Football Club Limited.

Nikolas Hatzistergos

Nikolas is the Chairman of the Board Audit Committee. He is also Managing Director of William Buck (NSW) Pty Ltd and Chairman of William Buck Limited. He is President of the Hellenic Club Limited and a Director at St Basil’s Homes. He is a Director of the Management Board and Member of the Governing Council of Praxity (AISBL). He is also a Director and Chairman of the Audit and Finance Committee for South Sydney District Rugby League Football Club Limited.

The Hon Steve Bracks AC Independant Non-Executive Director

Steve was Premier of Victoria for eight years. He now advises several leading Australian finance and service sector corporations. Mr. Bracks also holds two major honorary positions: as an Adviser to the Prime Minister of Timor-Leste and Honorary Chair of The Union Education Foundation. He is Chairman of the superannuation fund Cbus; Chairman of Maurice Blackburn Lawyers; Chairman of the Melbourne Cricket Ground (MCG) Trust; and Chairman of Victory Offices. He is also a member of the Australian Republican Movement’s Republican Advisory Panel (RAP); and, the West of Melbourne Economic Development Alliance(WoMEDA).

The Hon Steve Bracks AC

Steve was Premier of Victoria for eight years. He now advises several leading Australian finance and service sector corporations. Mr. Bracks also holds two major honorary positions: as an Adviser to the Prime Minister of Timor-Leste and Honorary Chair of The Union Education Foundation. He is Chairman of the superannuation fund Cbus; Chairman of Maurice Blackburn Lawyers; Chairman of the Melbourne Cricket Ground (MCG) Trust; and Chairman of Victory Offices. He is also a member of the Australian Republican Movement’s Republican Advisory Panel (RAP); and, the West of Melbourne Economic Development Alliance(WoMEDA).

Gregory Gav Independant Non-Executive Director

Gregory is Director of Mars Property Group.

Gregory Gav

Gregory is Director of Mars Property Group.

Sarkis Nassif Non-Executive Director

Sarkis has over 35 years of experience in property investment, development, and construction. He is the Founder and Chief Executive Officer of Holdmark Property Group, a private company that is one of Sydney’s most trusted and respected property groups. In 2019 Sarkis was awarded the prestigious Ethnic Business Awards accolade for best medium to large business, and in 2017 he was awarded the Property Person of the Year by the highly regarded property industry body, Urban Taskforce. His philanthropic interests include the John Paul Foundation, which Sarkis founded and Holdmark supports, to assist children and families facing hardship due to illness, tragedy, or adversity. He is also a donor to Westmead Children’s Hospital, St Vincent’s Hospital, the Warrah foundation and numerous other community organisations.

Sarkis Nassif

Sarkis has over 35 years of experience in property investment, development, and construction. He is the Founder and Chief Executive Officer of Holdmark Property Group, a private company that is one of Sydney’s most trusted and respected property groups. In 2019 Sarkis was awarded the prestigious Ethnic Business Awards accolade for best medium to large business, and in 2017 he was awarded the Property Person of the Year by the highly regarded property industry body, Urban Taskforce. His philanthropic interests include the John Paul Foundation, which Sarkis founded and Holdmark supports, to assist children and families facing hardship due to illness, tragedy, or adversity. He is also a donor to Westmead Children’s Hospital, St Vincent’s Hospital, the Warrah foundation and numerous other community organisations.

Fouad Chaker Non-Executive Director

Fouad is also the Chief Commercial Banking Officer at Bank of Beirut, with more than 35 years of banking experience.

Fouad Chaker

Fouad is also the Chief Commercial Banking Officer at Bank of Beirut, with more than 35 years of banking experience.

Roger Dagher Non-Executive Director

Roger is also the Group Chief Financial Officer at Bank of Beirut, with more than 25 years of banking experience.

Roger Dagher

Roger is also the Group Chief Financial Officer at Bank of Beirut, with more than 25 years of banking experience.

Chrystalla Vougamalis Chief Customer Officer and Company Secretary

Chrystalla is the Chief Customer Officer (CCO) and is responsible for customer experience, including improving existing systems and processes for the benefit of our clients. After working at Westpac, Chrystalla joined Bank of Sydney in 2006 in roles including Credit, Risk, Strategy and was appointed Company Secretary in 2012.

Chrystalla holds a Bachelor of Business and a Diploma of Corporate Governance, is a member of the Governance Institute of Australia and is a registered Justice of the Peace.

Chrystalla Vougamalis

Chrystalla is the Chief Customer Officer (CCO) and is responsible for customer experience, including improving existing systems and processes for the benefit of our clients. After working at Westpac, Chrystalla joined Bank of Sydney in 2006 in roles including Credit, Risk, Strategy and was appointed Company Secretary in 2012.

Chrystalla holds a Bachelor of Business and a Diploma of Corporate Governance, is a member of the Governance Institute of Australia and is a registered Justice of the Peace.

John Elisher Head of Legal & Compliance / Company Secretary

John joined Bank of Sydney in May 2019 and was appointed as a company secretary in August 2019. In addition to being a company secretary, John leads the legal and compliance teams in his role as Head of Legal & Compliance.

John commenced his legal career in private practice working for a multidisciplinary firm. He more recently worked in federal government agencies in multiple executive roles. John holds Bachelor degrees in Commerce & Law and a Master of Laws.

John Elisher

John joined Bank of Sydney in May 2019 and was appointed as a company secretary in August 2019. In addition to being a company secretary, John leads the legal and compliance teams in his role as Head of Legal & Compliance.

John commenced his legal career in private practice working for a multidisciplinary firm. He more recently worked in federal government agencies in multiple executive roles. John holds Bachelor degrees in Commerce & Law and a Master of Laws.

Executive Team

Miltos Michaelas Chief Executive Officer

Since 2016, Miltos has been Chief Executive Officer (CEO), having previously served in the same position between 2001 and 2006. With more than 28 years’ experience in financial services, Miltos has held a number of executive positions and served on boards of directors in a number of different countries.

Miltos graduated with a Bachelor of Science in Management and Computer Science (First Class Honours) from Aston University and earned his MBA in Financial Services (Distinction) from Nottingham University. He is a Chartered Director of the Institute of Directors UK and was elected an Associate of the Chartered Institute of Bankers (ACIB).

Miltos Michaelas

Since 2016, Miltos has been Chief Executive Officer (CEO), having previously served in the same position between 2001 and 2006. With more than 28 years’ experience in financial services, Miltos has held a number of executive positions and served on boards of directors in a number of different countries.

Miltos graduated with a Bachelor of Science in Management and Computer Science (First Class Honours) from Aston University and earned his MBA in Financial Services (Distinction) from Nottingham University. He is a Chartered Director of the Institute of Directors UK and was elected an Associate of the Chartered Institute of Bankers (ACIB).

Victor Andersson Chief Financial Officer

Victor is the Chief Financial Officer (CFO) and is responsible for managing the Finance, Treasury and Strategic Planning functions of the Bank. Victor has extensive experience within retail banking, with over 14 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 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 and Strategic Planning functions of the Bank. Victor has extensive experience within retail banking, with over 14 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 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).

Chiqui Biaro Head of Internal Audit

Chiqui is the Head of Internal Audit and is responsible for providing independent assurance on the adequacy and operating effectiveness of risk management, governance and internal control process within the bank. Chiqui joined Bank of Sydney in 2012.

Chiqui has more than 20 years’ experience in internal and external audit in Australia and overseas. She holds a Bachelor of Science in Accounting and a Master’s degree in Business Administration. She is a Certified Internal Auditor (CIA), a Certified Information Systems Auditor (CISA), a CPA (Phil) and CPA- Australia (Associate Member).

Chiqui Biaro

Chiqui is the Head of Internal Audit and is responsible for providing independent assurance on the adequacy and operating effectiveness of risk management, governance and internal control process within the bank. Chiqui joined Bank of Sydney in 2012.

Chiqui has more than 20 years’ experience in internal and external audit in Australia and overseas. She holds a Bachelor of Science in Accounting and a Master’s degree in Business Administration. She is a Certified Internal Auditor (CIA), a Certified Information Systems Auditor (CISA), a CPA (Phil) and CPA- Australia (Associate Member).

Chris Chew Chief Technology Officer

Chris is the Chief Technology Officer (CTO) and is responsible for driving the Bank’s IT strategy. His role is to enable the business to achieve strategic and operational goals. Chris is also responsible for leading the enterprise IT capabilities to maximise returns from technology investments while improving cost-effectiveness, service quality and business outcomes.

Chris has extensive experience in various IT leadership roles in banking and financial services, with a proven track record of over 20 year in achieving business outcomes. He also studied a Masters of Technology in software engineering and technology management. He will focus on the development and execution of our Digital Strategy, which will enable and deliver our business strategy.

Chris Chew

Chris is the Chief Technology Officer (CTO) and is responsible for driving the Bank’s IT strategy. His role is to enable the business to achieve strategic and operational goals. Chris is also responsible for leading the enterprise IT capabilities to maximise returns from technology investments while improving cost-effectiveness, service quality and business outcomes.

Chris has extensive experience in various IT leadership roles in banking and financial services, with a proven track record of over 20 year in achieving business outcomes. He also studied a Masters of Technology in software engineering and technology management. He will focus on the development and execution of our Digital Strategy, which will enable and deliver our business strategy.

Gary English Chief Risk Officer

Gary is the Chief Risk Officer (CRO) and responsible for ensuring Bank of Sydney’s risk-management processes effectively protect our customers, employees and key stakeholders. Gary joined Bank of Sydney in 2017, bringing over 30 years’ experience in financial services through a range of roles across the sector.

Gary’s areas of accountability include Credit Risk, Market and Liquidity Risk, Information Security, Legal & Compliance and Operational Risk. Gary holds a Master of Financial Services Management from Macquarie University and a Platinum membership of the South Sydney Rabbitohs.

Gary English

Gary is the Chief Risk Officer (CRO) and responsible for ensuring Bank of Sydney’s risk-management processes effectively protect our customers, employees and key stakeholders. Gary joined Bank of Sydney in 2017, bringing over 30 years’ experience in financial services through a range of roles across the sector.

Gary’s areas of accountability include Credit Risk, Market and Liquidity Risk, Information Security, Legal & Compliance and Operational Risk. Gary holds a Master of Financial Services Management from Macquarie University and a Platinum membership of the South Sydney Rabbitohs.

Bill Kalpouzanis Chief Operations Officer

Bill is the Chief Operations Officer (COO) and is responsible for overseeing and managing Bank of Sydney’s ongoing operations and procedures. Bill has more than 20 years of banking experience in executive roles, as well as invaluable knowledge and expertise on how banking is rapidly evolving. He also has extensive leadership experience and roles in Banking, Transformations, Stakeholders Management, and Program Management.

Bill was the co-founder of Lodex, Australia’s first loans and deposits marketplace, and an innovative developer of a financial services digital wallet. Bill holds a Master of Science in Finance, and is a certified Financial Risk Manager (FRM) by GARP and Project Management Professional (PMP).

Bill Kalpouzanis

Bill is the Chief Operations Officer (COO) and is responsible for overseeing and managing Bank of Sydney’s ongoing operations and procedures. Bill has more than 20 years of banking experience in executive roles, as well as invaluable knowledge and expertise on how banking is rapidly evolving. He also has extensive leadership experience and roles in Banking, Transformations, Stakeholders Management, and Program Management.

Bill was the co-founder of Lodex, Australia’s first loans and deposits marketplace, and an innovative developer of a financial services digital wallet. Bill holds a Master of Science in Finance, and is a certified Financial Risk Manager (FRM) by GARP and Project Management Professional (PMP).

Fawaz Sankari Chief Banking Officer

Fawaz is the Chief Banking Officer (CBO) and is responsible for the Customer & Distribution Division, which includes Corporate & Institutional Banking, Retail Banking, Digital Sales, International Banking, Third-party Distribution and Products. After joining Bank of Sydney as Head of Commercial Banking in May 2012, Fawaz assumed the role of CBO in November 2018.

With more than 20 years spent in retail and commercial banking, Fawaz has previously held senior executive roles with NAB and CBA Group, and sat on various external boards in both the education and business-commerce sectors.

Fawaz Sankari

Fawaz is the Chief Banking Officer (CBO) and is responsible for the Customer & Distribution Division, which includes Corporate & Institutional Banking, Retail Banking, Digital Sales, International Banking, Third-party Distribution and Products. After joining Bank of Sydney as Head of Commercial Banking in May 2012, Fawaz assumed the role of CBO in November 2018.

With more than 20 years spent in retail and commercial banking, Fawaz has previously held senior executive roles with NAB and CBA Group, and sat on various external boards in both the education and business-commerce sectors.

Diana Sitnikoski Head of Credit

Diana is the Head of Credit 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 Head of Credit 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.

Chrystalla Vougamalis Chief Customer Officer and Company Secretary

Chrystalla is the Chief Customer Officer (CCO) and is responsible for customer experience, including improving existing systems and processes for the benefit of our clients. After working at Westpac, Chrystalla joined Bank of Sydney in 2006 in roles including Credit, Risk, Strategy and was appointed Company Secretary in 2012.

Chrystalla holds a Bachelor of Business and a Diploma of Corporate Governance, is a member of the Governance Institute of Australia and is a registered Justice of the Peace.

Chrystalla Vougamalis

Chrystalla is the Chief Customer Officer (CCO) and is responsible for customer experience, including improving existing systems and processes for the benefit of our clients. After working at Westpac, Chrystalla joined Bank of Sydney in 2006 in roles including Credit, Risk, Strategy and was appointed Company Secretary in 2012.

Chrystalla holds a Bachelor of Business and a Diploma of Corporate Governance, is a member of the Governance Institute of Australia and is a registered Justice of the Peace.