AFSA hires CEO

Attorney-General Michaelia Cash and Assistant Minister to the Attorney-General Amanda Stoker have named Tim Beresford as the new chief executive of the Australian Financial Security Authority (AFSA).

The body is responsible for the administration and regulation of Australia’s personal insolvency system and for maintaining the Personal Property Securities Register.

Mr Beresford has also been appointed as inspector-general in bankruptcy and registrar of personal property securities.

His five-year appointment will commence on 2 May.

Previously, he was acting CEO for Austrade, before he assumed the position of deputy CEO of global client services at the organisation from 2018.

He had also held the roles of deputy secretary in the areas of tourism, investment education and programs, and Australian operations.

Prior to rejoining Austrade in 2018, he was chief operating officer and deputy vice-chancellor at Macquarie University.

He also worked in the Department of the Prime Minister and Cabinet in 2010 and held senior roles with Westpac between 2003 and 2008.

His last position with the big four group was general manager, Westpac Pacific Business Bank.

[Related: Westpac appoints chief transformation officer in new role]