Powered by MOMENTUM MEDIA
Powered by MOMENTUM MEDIA
subscribe to our newsletter
Former AMP Bank boss to lead mutual lobby group

Former AMP Bank boss to lead mutual lobby group

A former AMP Bank managing director has joined the Customer Owned Banking Association as its new chief executive.

COBA chair Wendy Machin welcomed him to the “pivotal role” he would play in representing customer-owned banking, according to a statement.

“Michael’s strong background and experience as a leader will enable him to immediately take up a busy advocacy agenda,” Ms Machin said.

Advertisement
Advertisement

“Michael has already shown a great understanding of the issues and opportunities for the sector.”

Mr Lawrence, who will commence his role on 4 December, said he was delighted to join the association as its new chief executive.

“The customer-owned banking sector has a great deal to be proud of, particularly with its strong customer and community focus,” he said.

“I look forward to advocating strongly for the sector and ensuring it continues to have a vibrant and strong future.

“Customer-owned banking already delivers terrific outcomes for millions of Australians.

“I’m very keen to help COBA members deliver on their exciting plans for growth in the future and within a competitive environment.”

Former AMP Bank boss to lead mutual lobby group
mortgagebusiness

 

Latest News

Three more lenders have announced cuts to their interest rate floors for home loan serviceability assessments in response to APRA’s new gu...

Mortgage-holders are wasting approximately $4.2 billion annually in “unnecessary” interest costs, according to new research. ...

Property price declines have wiped approximately $5.5 billion in revenue from state government budgets, according to a new analysis from Moo...

FROM THE WEB
podcast

LATEST PODCAST: New banks and bank CEOs

Do you think the banking royal commission recommendations could negatively impact competition in the mortgage market?

Website Notifications

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