Australian Banking Association

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

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 Australian Banking Association (ABA) is also the information source for the news media on the Australian banking industry by providing information, analysis, and context on industry issues.

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 the 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]

Characteristics

The Australian Banking Association’s members are 22 banks from across Australia. The ABA works with the government, regulators and other stakeholders to improve public awareness and understanding of the industry’s contribution to the economy.

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, 145 days [11][12]
Matt Comyn CBA 3 December 2019 (2019-12-03) 1 December 2021 (2021-12-01) 4 years, 146 days [13]
Peter King Westpac 2 December 2021 (2021-12-02) Present 2 years, 147 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, 24 days [19][20]

See also

References

  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.


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