Australian Banking Association
- Sydney, New South Wales
The Australian Banking Association (ABA), formerly the Australian Bankers' Association, is the trade association for the Australian banking industry. The ABA was founded in 1985[1] and is based in Sydney, New South Wales. The ABA represents twenty-two banks[2] and associate members. It provides analysis, advice, and advocacy for the banking industry and contributes to the public policy development on banking and other financial services.[3] The ABA's stated goal is to advocate and promote policies for improvements and development of the banking industry through advocacy, research, policy expertise, and thought leadership.[4][5][6]
In 2020, under CEO Anna Bligh, the ABA's public profile has risen[4] due to the industry's response to Australia's "Black Summer" fires,[2] and collective measures to help cushion the economic impact of the COVID-19 pandemic.[7]
Leadership
Chairmen
The following served as Chairman of the Association:
Order | Officeholder | Title | Bank | Term began | Term end | Time in office | Notes |
---|---|---|---|---|---|---|---|
Gail Kelly | Chairman | Westpac | 4 December 2013 (2013-12-04) | 31 January 2015 (2015-01-31) | 1 year, 58 days | [8] | |
Brian Hartzer | 31 January 2015 (2015-01-31) | 2 December 2015 (2015-12-02) | 304 days | [9] | |||
Andrew Thorburn | NAB | 2 December 2015 (2015-12-02) | 4 December 2017 (2017-12-04) | 2 years, 2 days | [10][11] | ||
Shayne Elliott | ANZ | 4 December 2017 (2017-12-04) | 2 December 2019 (2019-12-02) | 6 years, 266 days | [11][12] | ||
Matt Comyn | CBA | 3 December 2019 (2019-12-03) | 1 December 2021 (2021-12-01) | 4 years, 267 days | [13] | ||
Peter King | Westpac | 2 December 2021 (2021-12-02) | Present | 2 years, 268 days | [14] | ||
Chief executive officers
The following served as chief executive officers of the association:
Order | Officeholder | Title | Term began | Term end | Time in office | Notes |
---|---|---|---|---|---|---|
1 | Tony Aveling | Chief Executive Officer | 1997 | 2000 | 2–3 years | [15] |
2 | Jeff Oughton | Acting Chief Executive Officer | April 2000 (2000-04) | January 2001 (2001-01) | 275 days | |
3 | David Bell | Chief Executive Officer | January 2001 (2001-01) | 8 March 2010 (2010-03-08) | 9 years, 66 days | |
4 | Steven Münchenberg | 8 March 2010 (2010-03-08) | 3 April 2017 (2017-04-03) | 7 years, 26 days | [16][17][18] | |
5 | Anna Bligh | 17 February 2017 (2017-02-17) | present | 7 years, 145 days | [19][20] |
See also
- Banking in Australia
- Bank nationalisation in Australia
- Financial regulation in Australia
- Four pillars policy
- Royal Commission into Misconduct in the Banking, Superannuation and Financial Services Industry
- Too big to fail
References
- ^ a b "History". Australian Banking Association. Retrieved 3 March 2018.
- ^ a b "Australian Banking Association Members". Australian Banking Association. Retrieved 15 September 2020.
- ^ "The Australian Banking Association's role". Australian Banking Association. Retrieved 3 March 2018.
- ^ a b "The ABA". Australian Banking Association. Retrieved 15 September 2020.
- ^ "Australian banks shut down internal appeal avenue for unhappy customers". the Guardian. 3 September 2021. Retrieved 7 September 2021.
- ^ "Independent review of the Banking Code of Practice". JD Supra. Retrieved 7 September 2021.
- ^ "COVID-19 Banking Timeline: a financial history of the pandemic". Australian Banking Association. 6 May 2020. Retrieved 15 September 2020.
- ^ "Westpac's Group CEO Gail Kelly elected Chairman of the Australian Bankers' Association" (Press release). Australian Bankers' Association. 4 December 2013. Archived from the original on 4 March 2018. Retrieved 3 March 2018.
- ^ Eyers, James (10 December 2014). "Westpac CEO Brian Hartzer appointed Australian Bankers' Association chairman". Australian Financial Review. Australia. Retrieved 3 March 2018.
- ^ "NAB CEO new Chairman of the Australian Bankers' Association" (Press release). Australian Bankers' Association. 2 December 2017. Archived from the original on 4 March 2018. Retrieved 3 March 2018.
- ^ a b Frost, James (16 October 2017). "Worst-kept secret revealed as ABA names ANZ's Elliott as chair". Australian Financial Review. Australia. Retrieved 3 March 2018.
- ^ Durie, John (4 December 2017). "ANZ's Shayne Elliott steps into banking's hot seat". The Australian. Retrieved 3 March 2018.
- ^ Aston, Joe (10 September 2019). "Comyn Assuming ABA Chair in December". Australian Financial Review. Australia. Retrieved 10 September 2019.
- ^ Gluyas, Richard (23 November 2021). "Peter King set to sit on ABA Throne". Australian Business Review. Australia. Retrieved 23 November 2021.
- ^ Khoury, Phil (2006). "The history of Australian Banking: 1991 - 2006" (PDF). Banking in Australia Today. Australia. p. 24. Retrieved 3 March 2018.
- ^ "NAB's Steven Munchenberg appointed chief executive of Australian Bankers Association". The Australian. 23 January 2010. Retrieved 3 March 2018.
- ^ Shapiro, Jonathan (21 October 2016). "ABA chief executive Steve Münchenberg steps down". Australian Financial Review. Australia. Retrieved 3 March 2018.
- ^ Sier, Jessica (19 February 2017). "Major banks back Anna Bligh for ABA top job". Australian Financial Review. Australia. Retrieved 3 March 2018.
- ^ Silva, Kristian (17 February 2017). "Anna Bligh appointed as first female Australian Bankers' Association CEO". ABC News. Australia. Retrieved 3 March 2018.
- ^ Whyte, Jemina (9 November 2017). "Can Australian Bankers' Association CEO Anna Bligh persuade us to trust banks?". Australian Financial Review. Australia. Retrieved 3 March 2018.
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- Category:Banks of Australia
- Economy of Australia
- Financial system in Australia
- List of banks in Australia
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