subscribe to our newsletter
Major bank CEO named ABA chair

Major bank CEO named ABA chair

The chief executive of a big four bank has been named the new chairman of the Australian Bankers’ Association.

The council of the Australian Bankers’ Association has elected Andrew Thorburn, NAB group chief executive, as its new chairman, succeeding Mr Brian Hartzer, Westpac group CEO.

“It’s a great responsibility to be elected as chair of the ABA and I’m looking forward to taking on the role at a time when the industry is required to adapt to local and global changes.

“There are many opportunities and challenges that lie ahead for Australia’s economy and the banking industry will continue to play a strong part in the nation’s growth and success,” he said.

Mr Thorburn also thanked outgoing chair organisation, Westpac.

“I’d also like to take this opportunity to thank Westpac for their stewardship of the ABA over the last two years, led by Gail Kelly and Brian Hartzer,” he said.

“Both Gail and Brian have played an important role during a challenging time for the industry showing great commitment and leadership.”

Mike Hirst, managing director of Bendigo and Adelaide Bank, continues in his role as deputy chairman of the ABA.

Major bank CEO named ABA chair
mortgagebusiness logo

Latest News

The corporate regulator has issued guidance in relation to its oversight of a newly formed external dispute resolutions body, the Australian...

The federal government has announced the appointment of the inaugural chair of the National Housing Finance and Investment Corporation. ...

An alternative funder of residential property developments is confident that Australia’s banks will never again offer mezzanine funding fo...

Promoted Stories

podcast

LATEST PODCAST: How the market has changed in the last 25 years, royal commission hearings, broker advocacy

Do you expect access to credit to get harder this year?