IMB Bank held its Annual General Meeting today, 25 October 2022.
Click here for the Chairman’s Address and CEO’s Address.
Members are encouraged to read the addresses, which contain information in relation to IMB’s annual financial results and strategic initiatives being implemented by IMB.
At today’s annual general meeting, members approved:
- the re-appointment of directors Ms Cathy Aston and Mr Christopher Whitehead, with immediate effect;
- the amendment to IMB’s Constitution to update the terms relating to preference shares to align with prudential standards.
The proposed variations of rights of IMB depositor members and shareholders members arising from the amendment of the Constitution were also approved in each of the class meeting of depositor members and the class meeting of shareholder members and will become effective in one (1) month. More information is available for members at www.imb.com.au/agm
The results for each resolution considered at today’s meetings is as follows:
PROXY VOTES (at proxy close) |
RESULTS AFTER POLL / SHOW OF HANDS |
||||||||
---|---|---|---|---|---|---|---|---|---|
|
FOR |
OPEN |
AGAINST |
ABSTAIN |
PROXY’S DIRECTION |
FOR |
AGAINST |
ABSTAIN |
RESULT |
AGM
Resolution 1 – Reappointment of Cathy Aston
|
486 |
107 |
11 |
18 |
6
|
Passed on a show of hands |
Passed on a show of hands |
Passed on a show of hands |
CARRIED |
AGM
Resolution 2 – Reappointment of Christopher Whitehead |
484 |
107 |
9 |
23 |
5 |
Passed on a show of hands |
Passed on a show of hands |
Passed on a show of hands |
CARRIED |
AGM
Resolution 3 - Amendments to IMB’s Constitution
|
467 |
115 |
17 |
23 |
6
|
631 |
20 |
23 |
CARRIED 96.93% |
Class Meeting of Depositors
Resolution 1 -Variation of Rights of IMB Depositor Members
|
371 |
106 |
23 |
28 |
3
|
521 |
25 |
29 |
CARRIED 95.42% |
Class Meeting
|
89 |
17 |
5 |
18 |
-
|
130 |
6 |
5 |
CARRIED – 95.59% |
Date: 25 October 2022
Why choose us?
Established in 1880, IMB Bank is one of the most enduring financial institutions in the country, helping people achieve their financial goals for over 140 years. Our members can access a fully featured range of services: home and personal lending, savings and transaction accounts, term deposits, business banking, and more.
Our renowned personal service is backed by innovation, providing convenient, secure digital banking options where and when you want it. IMB also has a growing retail branch network throughout NSW and Victoria, for when you need to speak to someone in person, and a team of professionals at our locally based contact centre. We have a lending specialist in every branch and a team of mobile lending specialists who will come to you.
Find out moreWhenever, Wherever Banking
Availability of Payments ServicesLearn more about availability of payments services to individuals and businesses provided by IMB Bank. |