Our Team

Board of Directors

Dr Nicholas Pappas AM Chairman of the Board of Directors

Dr. Pappas is a Sydney lawyer. In addition to his role as Board Chairman, he chairs the Bank’s Nominations and Remuneration Committee and serves on the Audit Committee. 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

Dr. Pappas is a Sydney lawyer. In addition to his role as Board Chairman, he chairs the Bank’s Nominations and Remuneration Committee and serves on the Audit Committee. 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

Mr. Edney is Chairman of the Board Risk Management Committee. He 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 Williams Holdings Limited in New Zealand, a director of Nimble Money Limited and Managing Director of Lempriere Capital and agPAY Pty Ltd.

Ben Edney

Mr. Edney is Chairman of the Board Risk Management Committee. He 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 Williams Holdings Limited in New Zealand, a director of Nimble Money Limited and Managing Director of Lempriere Capital and agPAY Pty Ltd.

Nikolas Hatzistergos Chairman of the Board Audit Committee

Mr. Hatzistergos is the Chairman of the Board Audit Committee. He is also Managing Director of William Buck (NSW) Pty Ltd. He is President of the Hellenic Club Limited and 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

Mr. Hatzistergos is the Chairman of the Board Audit Committee. He is also Managing Director of William Buck (NSW) Pty Ltd. He is President of the Hellenic Club Limited and 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 Independent Non-Executive Director

The Hon Steve Bracks AC was Premier of Victoria for eight years (1999-2007). He now advises several leading Australian finance and service sector corporations. He was appointed Chancellor of Victoria University in May 2021. Mr. Bracks chairs Maurice Blackburn Lawyers, the Melbourne Cricket Ground (MCG) Trust, Victory Offices Limited, and the AFL Strategic Community Investment Fund Advisory Board. He chaired the Cbus Superannuation Fund from 2009 to 2021. He is a member of the Australian Republican Movement’s Republican Advisory Panel. Mr. Bracks is an honorary chair of the Trade Union Education Foundation and was an honorary adviser to the former Prime Minister of Timor-Leste, Xanana Gusmao from 2007 to 2017.

The Hon Steve Bracks AC

The Hon Steve Bracks AC was Premier of Victoria for eight years (1999-2007). He now advises several leading Australian finance and service sector corporations. He was appointed Chancellor of Victoria University in May 2021. Mr. Bracks chairs Maurice Blackburn Lawyers, the Melbourne Cricket Ground (MCG) Trust, Victory Offices Limited, and the AFL Strategic Community Investment Fund Advisory Board. He chaired the Cbus Superannuation Fund from 2009 to 2021. He is a member of the Australian Republican Movement’s Republican Advisory Panel. Mr. Bracks is an honorary chair of the Trade Union Education Foundation and was an honorary adviser to the former Prime Minister of Timor-Leste, Xanana Gusmao from 2007 to 2017.

Gregory Gav Independent Non-Executive Director

Mr. Gav is Director of Mars Property Group.

Gregory Gav

Mr. Gav is Director of Mars Property Group.

Sarkis Nassif Non-Executive Director

Mr. Nassif 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 property group. In 2019 he was awarded the Ethnic Business Awards accolade for best medium to large business, and in 2017 he was awarded the Property Person of the Year by the property industry body, Urban Taskforce.

His philanthropic interests include the John Paul Foundation, which Mr. Nassif 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. Mr. Nassif is a Board Member of Bank of Beirut s.a.l.

Sarkis Nassif

Mr. Nassif 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 property group. In 2019 he was awarded the Ethnic Business Awards accolade for best medium to large business, and in 2017 he was awarded the Property Person of the Year by the property industry body, Urban Taskforce.

His philanthropic interests include the John Paul Foundation, which Mr. Nassif 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. Mr. Nassif is a Board Member of Bank of Beirut s.a.l.

Fouad Chaker Non-Executive Director

Mr. Chaker is also the Senior Executive Officer at Bank of Beirut, with more than 45 years of banking experience.

Fouad Chaker

Mr. Chaker is also the Senior Executive Officer at Bank of Beirut, with more than 45 years of banking experience.

Roger Dagher Non-Executive Director

Mr. Dagher is also the Group Chief Financial Officer at Bank of Beirut, with more than 30 years of banking experience.

Roger Dagher

Mr. Dagher is also the Group Chief Financial Officer at Bank of Beirut, with more than 30 years of banking experience.

John Elisher General Counsel / Company Secretary

Mr. Elisher joined Bank of Sydney in May 2019 and was appointed as company secretary in August 2019. Furthermore, he is a member of the Executive Team and leads the legal department and customer advocacy function in his role as General Counsel.

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

John Elisher

Mr. Elisher joined Bank of Sydney in May 2019 and was appointed as company secretary in August 2019. Furthermore, he is a member of the Executive Team and leads the legal department and customer advocacy function in his role as General Counsel.

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

Executive Team

Miltos Michaelas Chief Executive Officer

Miltos is the Chief Executive Officer (CEO) of Bank of Sydney, Australia. He has held this position since 2016 and has also had a long association with the organisation leading its set up and growth between 2001-2006.

Furthermore, Miltos has extensive experience as an International C-suite Executive and Board member. In particular he has been in charge of a number of international banking operations and also led the deleverage effort of a large financial group, earning him significant experience in M&A. Miltos has served as a member or Chairman with a number of board of directors, primarily in banking and financial services.

Miltos is a Chartered Director of the Institute of Directors UK, having also graduated with a BSc in Management and Computer Science (First Class Honours) from Aston University and an MBA in Financial Services (Distinction) from Nottingham University.

Miltos Michaelas

Miltos is the Chief Executive Officer (CEO) of Bank of Sydney, Australia. He has held this position since 2016 and has also had a long association with the organisation leading its set up and growth between 2001-2006.

Furthermore, Miltos has extensive experience as an International C-suite Executive and Board member. In particular he has been in charge of a number of international banking operations and also led the deleverage effort of a large financial group, earning him significant experience in M&A. Miltos has served as a member or Chairman with a number of board of directors, primarily in banking and financial services.

Miltos is a Chartered Director of the Institute of Directors UK, having also graduated with a BSc in Management and Computer Science (First Class Honours) from Aston University and an MBA in Financial Services (Distinction) from Nottingham University.

Victor Andersson Chief Financial Officer

Victor is the Chief Financial Officer (CFO) and is responsible for managing the Finance, Treasury, Data Management and Strategic Planning functions of the Bank. Victor has extensive experience within retail banking, with over 15 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 to the financial services sector 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, Data Management and Strategic Planning functions of the Bank. Victor has extensive experience within retail banking, with over 15 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 to the financial services sector 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 Chief Audit Officer

Chiqui is the Chief Audit Officer (CAO) 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) and CPA (Phil).

Chiqui Biaro

Chiqui is the Chief Audit Officer (CAO) 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) and CPA (Phil).

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 22 years 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 and Core Banking 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 22 years 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 and Core Banking 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, 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, 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, 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, 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 Product Sales. 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 Product Sales. 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 Chief - Credit Operations

Diana is the Chief - Credit Operations 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 Chief - Credit Operations 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.