Australian Banking Association

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]

Australian Banking Association
AbbreviationABA
Formation1985[1]
TypeLobbying body
Location
Region served
Australia
Chairman
Peter King
CEO
Anna Bligh
Websitewww.ausbanking.org.au

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

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Chairmen

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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, 326 days [11][12]
Matt Comyn CBA 3 December 2019 (2019-12-03) 1 December 2021 (2021-12-01) 4 years, 327 days [13]
Peter King Westpac 2 December 2021 (2021-12-02) Present 2 years, 328 days [14]

Chief executive officers

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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, 205 days [19][20]

See also

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References

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  1. ^ a b "History". Australian Banking Association. Retrieved 3 March 2018.
  2. ^ a b "Australian Banking Association Members". Australian Banking Association. Retrieved 15 September 2020.
  3. ^ "The Australian Banking Association's role". Australian Banking Association. Retrieved 3 March 2018.
  4. ^ a b "The ABA". Australian Banking Association. Retrieved 15 September 2020.
  5. ^ "Australian banks shut down internal appeal avenue for unhappy customers". the Guardian. 3 September 2021. Retrieved 7 September 2021.
  6. ^ "Independent review of the Banking Code of Practice". JD Supra. Retrieved 7 September 2021.
  7. ^ "COVID-19 Banking Timeline: a financial history of the pandemic". Australian Banking Association. 6 May 2020. Retrieved 15 September 2020.
  8. ^ "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.
  9. ^ Eyers, James (10 December 2014). "Westpac CEO Brian Hartzer appointed Australian Bankers' Association chairman". Australian Financial Review. Australia. Retrieved 3 March 2018.
  10. ^ "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.
  11. ^ 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.
  12. ^ Durie, John (4 December 2017). "ANZ's Shayne Elliott steps into banking's hot seat". The Australian. Retrieved 3 March 2018.
  13. ^ Aston, Joe (10 September 2019). "Comyn Assuming ABA Chair in December". Australian Financial Review. Australia. Retrieved 10 September 2019.
  14. ^ Gluyas, Richard (23 November 2021). "Peter King set to sit on ABA Throne". Australian Business Review. Australia. Retrieved 23 November 2021.
  15. ^ Khoury, Phil (2006). "The history of Australian Banking: 1991 - 2006" (PDF). Banking in Australia Today. Australia. p. 24. Retrieved 3 March 2018.
  16. ^ "NAB's Steven Munchenberg appointed chief executive of Australian Bankers Association". The Australian. 23 January 2010. Retrieved 3 March 2018.
  17. ^ Shapiro, Jonathan (21 October 2016). "ABA chief executive Steve Münchenberg steps down". Australian Financial Review. Australia. Retrieved 3 March 2018.
  18. ^ Sier, Jessica (19 February 2017). "Major banks back Anna Bligh for ABA top job". Australian Financial Review. Australia. Retrieved 3 March 2018.
  19. ^ Silva, Kristian (17 February 2017). "Anna Bligh appointed as first female Australian Bankers' Association CEO". ABC News. Australia. Retrieved 3 March 2018.
  20. ^ 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.