Australian Banking Association

The Australian Banking Association (ABA), formerly the Australian Bankers' Association, is the trade association for the Australian banking industry. With its forebears going back to the late 1940s, the ABA was founded in 1985[1] and is based in Sydney, New South Wales. The ABA represents twenty two banks [2] and also has associate members. It provides analysis, advice and advocacy for the banking industry and contributes to the development of public policy on banking and other financial services.[3]

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

The ABA 's stated goal is to advocate for a strong, competitive and innovative banking industry that delivers excellent and equitable outcomes for customers, and promote and encourage policies that improve banking services for all Australians, through advocacy, research, policy expertise and thought leadership. [4]

In 2020, under CEO Anna Bligh, the ABA's public profile has risen [4] due to the industry's proactive response to Australia's "Black Summer" fires,[2] and collective measures to help cushion the economic impact of the corona virus pandemic.[5]

Leadership

Chairmen

The following served as Chairman of the Association:

OrderOfficeholderTitleBankTerm beganTerm endTime in officeNotes
Gail KellyChairmanWestpac4 December 2013 (2013-12-04)31 January 2015 (2015-01-31)1 year, 58 days[6]
Brian Hartzer31 January 2015 (2015-01-31)2 December 2015 (2015-12-02)304 days[7]
Andrew ThorburnNAB2 December 2015 (2015-12-02)4 December 2017 (2017-12-04)2 years, 2 days[8][9]
Shayne ElliottANZ4 December 2017 (2017-12-04)2 December 2019 (2019-12-02)3 years, 63 days[9][10]
Matt ComynCBA3 December 2019 (2019-12-03)present1 year, 64 days[11]

Chief Executive Officers

The following served as Chief Executive Officers of the Association:

OrderOfficeholderTitleTerm beganTerm endTime in officeNotes
1Tony AvelingChief Executive Officer199720002–3 years[12]
2Jeff OughtonActing Chief Executive OfficerApril 2000 (2000-04)January 2001 (2001-01)275 days
3David BellChief Executive OfficerJanuary 2001 (2001-01)8 March 2010 (2010-03-08)9 years, 66 days
4Steven Münchenberg8 March 2010 (2010-03-08)3 April 2017 (2017-04-03)7 years, 26 days[13][14][15]
5Anna Bligh17 February 2017 (2017-02-17)present3 years, 308 days[16][17]

See also

References
  1. "History". Australian Banking Association. Retrieved 3 March 2018.
  2. "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. "The ABA". Australian Banking Association. Retrieved 15 September 2020.
  5. "COVID-19 Banking Timeline: a financial history of the pandemic". Australian Banking Association. 6 May 2020. Retrieved 15 September 2020.
  6. "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.
  7. Eyers, James (10 December 2014). "Westpac CEO Brian Hartzer appointed Australian Bankers' Association chairman". Financial Review. Australia. Retrieved 3 March 2018.
  8. "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.
  9. Frost, James (16 October 2017). "Worst-kept secret revealed as ABA names ANZ's Elliott as chair". Financial Review. Australia. Retrieved 3 March 2018.
  10. Durie, John (4 December 2017). "ANZ's Shayne Elliott steps into banking's hot seat". The Australian. Retrieved 3 March 2018.
  11. Aston, Joe (10 September 2019). "Comyn Assuming ABA Chair in December". Financial Review. Australia. Retrieved 10 September 2019.
  12. Khoury, Phil (2006). "The history of Australian Banking: 1991 - 2006" (PDF). Banking in Australia Today. Australia. p. 24. Retrieved 3 March 2018.
  13. "NAB's Steven Munchenberg appointed chief executive of Australian Bankers Association". The Australian. 23 January 2010. Retrieved 3 March 2018.
  14. Shapiro, Jonathan (21 October 2016). "ABA chief executive Steve Münchenberg steps down". Financial Review. Australia. Retrieved 3 March 2018.
  15. Sier, Jessica (19 February 2017). "Major banks back Anna Bligh for ABA top job". Financial Review. Australia. Retrieved 3 March 2018.
  16. Silva, Kristian (17 February 2017). "Anna Bligh appointed as first female Australian Bankers' Association CEO". ABC News. Australia. Retrieved 3 March 2018.
  17. Whyte, Jemina (9 November 2017). "Can Australian Bankers' Association CEO Anna Bligh persuade us to trust banks?". Financial Review. Australia. Retrieved 3 March 2018.


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