Former ASIC Commissioner Sean Hughes appointed Chair of the Banking Code Compliance Committee

In conjunction with the Australian Financial Complaints Authority (AFCA), the ABA is pleased to announce the appointment of former ASIC Commissioner Mr Sean Hughes as the next Chair of the Banking Code Compliance Committee (BCCC).  

Mr Hughes served as a Commissioner at ASIC from 2018 to 2023 and brings deep expertise in financial services regulation, law, corporate governance and risk oversight to the BCCC Chair role.

“The ABA looks forward to Mr Hughes continuing the important work of the BCCC in both independently monitoring subscribing banks compliance with the Banking Code, and promoting best practice Code implementation” said ABA Chief Executive Office Simon Birmingham.   

As the incoming Chair, Mr Hughes will take over from outgoing Chair Mr Ian Govey AM effective 17 February 2026.

“On behalf of the ABA and its member banks I would like to thank outgoing Chair Ian Govey for his contribution over the past six years, and especially overseeing the committee’s role in the development and implementation of the updated 2025 Banking Code,” said Mr Birmingham.

Banking Code