Heritage Building Society appoints new Deputy Chairman

Mr Kerry Betros, leader of an iconic Darling Downs family business, has been appointed the new Deputy Chairman of Heritage Building Society.

Mr Betros is the Managing Director of fruit and vegetable wholesaler/retailer Betros Brothers, the well-known family business that has been operating in the region since 1938 and currently employs 180 staff.

Mr Betros has been a Director of Heritage since 1991 and takes over the Deputy Chairman role from Mr Graeme Kidd, who retires from the Board this month after almost four decades as a Director.

Toowoomba valuer and community stalwart Steve Davis has been appointed as a Director to fill the vacancy left by Mr Kidd’s departure. Mr Davis is the Managing Director of valuation firm David W. Swan and Associates and has a long history of involvement in community, sporting and industry organisations.

Heritage Chairman Mr Brian Carter said the Board had made the key appointments at its monthly meeting today – Mr Kidd’s last meeting as a Director. Both appointments take effect from 1 July.

“I am very pleased to announce the appointment of Mr Betros and Mr Davis. Kerry Betros has made a tremendous contribution to the Society as a Director for the past 20 years and his appointment as Deputy Chairman is testimony to his business and strategic expertise,” Mr Carter said.

“Kerry’s work with a range of community organisations and other boards embodies the Heritage People first ethos and also saw him awarded a Centenary of Federation medal for distinguished service to the community.”

“Steve Davis similarly brings a long history of community and business service to the Board, and his energy and acumen will be a welcome addition.”

In taking on the new role, Mr Betros paid tribute to his predecessor.

“It is a privilege to follow such a dedicated and capable director as Graeme Kidd. I am very proud to be on the Board of Heritage, an organisation that has helped many thousands of people throughout its history and greatly supports all the communities that it is involved with,” Mr Betros said.

Mr Davis said he was looking forward to the challenge of becoming a Director.

“Heritage is the number one building society in Australia and it will be a privilege to work with the people who have helped make it so successful. I am excited about taking on the challenge of working to maintain that success.“

* Based on a $150,000 loan over 25 years. WARNING: This comparison rate is true only for the examples given and may not include all fees and charges. Different terms, fees or other loan amounts might result in a different comparison rate.