29 June 2018
Today the Australian Banking Association has elected David Carter, Suncorp CEO Banking & Wealth as new Deputy Chair to replace the retiring Mike Hirst.
Mike Hirst announced his retirement as Managing Director, Bendigo and Adelaide Bank in March this year.
Mike is a career banker of the finest calibre with over 35 years’ experience in retail banking, finance, financial markets, treasury and financial planning. Before Bendigo Bank, Mike worked with Colonial First State, AMP Bank, and Westpac.
Mike joined Bendigo Bank in 2001, and was appointed Managing Director in 2009. Since this time, he has been a member of the ABA Council.
In 2013, Mike was elected Deputy Chairman of the ABA Council, and was re-elected in 2015 and 2017.
The Council of the ABA thanks Mike for his long service to the industry over many decades and seven years as deputy chair of the association.
His energy and commitment to the industry and his outstanding leadership during a challenging time has been thoroughly valued by all member banks.
During his time as Deputy Chairman Mike has played an incredibly important role through advocacy not just on behalf of regional banks but also through stewardship on behalf of all ABA members.
Mike was instrumental in developing important industry reform initiatives such as the Better Banking Reform Program, which included a complete rewrite of the Banking Code of Practice.
There is no doubt his wise counsel and guidance will be missed by all ABA member banks.
The ABA warmly welcomes Mr David Carter to the new role of Deputy Chair. David will bring a wealth of experience to the role. With more than 25 years’ experience in banking, wealth management and life insurance he is well qualified to perform this important leadership and advocacy role on behalf of the industry.
Contact: Rory Grant 0475 741 007
“…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.