Swithen Bank’s property development firm to close after 10 years
After 10 years of operating the Swithannbank property development business, its founder, Peter Naylor, has been offered a role with a new company.
Key points:Mr Naylor says he is willing to leave the company for another opportunityMr Nody says he has no plans to leave Swithe BankMr Nathliffe said he is “delighted” with the company’s successMr NNaylor said the SwiThenbank business was a big step in his life and that he wanted to be remembered as a successful businesspersonMr Nodell has previously said he wanted his legacy to be his work at Swithem Bank.
“I had a good career at Swi-Then Bank and it’s been a great career,” Mr Naylor said in a statement.
“The bank has done well, and I’ve enjoyed the opportunities that it has given me, and it was a real privilege to work there for 10 years.”
It was an incredibly exciting time in my life and I will miss it greatly.
“Swi-Tshen Bank is a great bank, and we are proud of what it has achieved in the last 10 years.”
The company had been operating in New South Wales for more than 10 years before Mr Nody joined the bank in 2014, when it became a joint venture with the NSW Government.
Mr Nnody said in the statement that he had no plans “to leave SwiTshenBank” and that his current focus was on his role as a consulting property consultant.
“As the owner of the SwiftthenBank property development company, I am delighted to be offered the opportunity to return to my role as an adviser at Swifthen Bank,” he said.
“Over the last year I have had the opportunity of working with several senior and current property developers on many different projects, including the construction of the iconic new Swanston Avenue shopping precinct, the redevelopment of the Riverbank shopping precinct and the planned Swifts Point project in the Gold Coast.”
This is a tremendous opportunity for me to continue my work with the bank and I look forward to continuing to work with all of the team as they continue to make significant progress towards the construction and redevelopment of Swanston.
“Mr Noodell has been involved with the SwithinBank business since he was 18, when he took over from his father, Mr Malcolm Nody, who died in 2008.
He said he and his father would “be very pleased” to continue the legacy of the bank.”
My father was a true visionary, and he knew that building a good business was not just about winning or losing money, it was about creating good people, good businesses and good communities,” he added.”
He knew the importance of having people who believed in what you were doing and he was a very dedicated person.
“Mr Malcolm Noodel died in February 2009.
The former Swithinae Bank chairman said the bank was “on the right path” and had made “significant progress” in recent years.
He was also proud of the “great work” being done by the bank’s employees and said the board was “doing a very good job”.
Mr Nellys family has also been involved in Swithins work.
His father was the former chairman of the Bank of New South, which oversaw the bank from 1996 until 2002.
Mr Malcolm was chairman of Swithans first Australian bank in 1993, and the bank became an independent national bank in 2004.
The company, which had offices in Sydney and Melbourne, also has a branch in Perth and has offices in Canberra.