Powered by MOMENTUM MEDIA
Powered by MOMENTUM MEDIA
subscribe to our newsletter
subscribe to our newsletter

Former Westpac boss joins not-for-profit

Gail Kelly, the former Westpac chief executive, has been appointed to the board of Australian Philanthropic Services (APS), a not-for-profit organisation that inspires and supports effective philanthropy.

APS chairman and founder Chris Cuffe said Ms Kelly brings a powerful blend of business expertise and philanthropic passion that will make her a valuable addition to the board.

“Gail has been a role model to many and it is exciting that she is bringing her influence to the charitable sector,” Mr Cuffe said.

Advertisement
Advertisement

Australian Philanthropic Services was set up by Chris Cuffe five years ago to inspire and support people to get involved in giving. APS sets up and administers private ancillary funds (PAFs) and provides guidance and support about how to give money away effectively. It also offers a public ancillary fund, the Australian Philanthropic Service Foundation, in which people can open a named sub-fund.

Since its inception in 2012, APS has grown to become the largest provider of PAF services in Australia and now sets up more than 30 per cent of all such structures each year.

Ms Kelly said she believes in the power of philanthropy “to make a difference in the world”.

“APS has played a powerful role in removing the barriers to effective giving, making philanthropy easier and more rewarding. I am delighted to join its board,” she said.

Ms Kelly served as the group CEO and managing director of St.George Bank from 2002 to 2007 and Westpac from 2008 to 2015.

In 2008, two banks came together under Ms Kelly’s leadership in what was at that time the largest in-market merger in Australian financial services.

At APS she will join a board of directors whose other members include Chris Cuffe (chairman), David Gonski AC, Belinda Hutchinson AM, Timothy Fairfax AC, Dan Phillips, Jan Swinhoe, David Ward and Michael Traill AM.

Former Westpac boss joins not-for-profit
mortgagebusiness

Latest News

Liberal senator for WA, Dean Smith, is calling on lenders to convert principal and interest home loans for investors into interest-only repa...

Expectations of an increase in margin pressures and a “significant deterioration” in asset quality have prompted Moody’s to downgrade ...

The central bank of New Zealand has frozen the distribution of dividends on ordinary shares across all banks in the New Zealand market, aff...

FROM THE WEB
podcast

LATEST PODCAST: Managing the influx of COVID-19-related loans

Do you expect COVID-19 to reduce or increase your business flows?

Why we’ll keep delivering for our communities in the face of COVID-19

alex

As Australia tries to keep pace with a rapidly changing business and social landscape in the wake of COVID-19, Momentum Media is leading the way delivering essential content to our communities, writes Alex Whitlock, director of Mortgage Business.

Read more

Website Notifications

Get notifications in real-time for staying up to date with content that matters to you.