3 December 2019
Today the Australian Banking Association Council has appointed Matt Comyn, CEO of CBA, as Chair and Marnie Baker, Managing Director of Bendigo and Adelaide Bank, as Deputy Chair at its Annual General Meeting.
The Council thanked the outgoing Chair, Shayne Elliott, and Deputy Chair, David Carter for their leadership of the industry during their tenure.
CEO of the Commonwealth Bank Matt Comyn said the Australian Banking Association played an important role in the industry and would continue to do so as the industry seeks to earn back the trust of the Australian public.
“The industry is working hard to improve customer outcomes, implement the Royal Commission and other regulatory changes, and align the Government’s objectives to grow the economy,” Mr Comyn said.
“I look forward to working with ABA members to help drive change across the industry so that it can earn back the trust of the Australian people and continue to be an important pillar of the community and economy,” he said.
CEO of Bendigo and Adelaide Bank Marnie Baker said she looked forward to the new role and helping drive and embed change across the industry.
“Every member of the Australian Banking Association has an important role to drive prosperity for all Australians,” Ms Baker said.
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“…banks can go back to their normal processes and that is working out what’s right for every single customer, on an individual tailored basis with a proper assessment. That is the best thing for the customer.”
Access to credit opens up opportunities and fulfills aspirations. Getting it right requires the right balance between consumer protections and the flow of credit.
Interviewed by AM’s Peter Ryan, ABA CEO Anna Bligh talked about the substantial drop in loan deferrals since their peak during the pandemic, falling from 900,000 to 300,000.