Monash Business School
In 2016, ACFS became a centre of Monash Business School. The Business School was established in 2014 as part of a move to more effectively leverage the global reach and reputation of Monash’s Faculty of Business and Economics. The School encompasses all Faculty units and activities within Australia. Today, the Faculty is one of the largest and most international business and economic academies in the Asia-Pacific region. It is the only Group of Eight ‘triple crown’ accredited faculty in Australia.
ACFS remains operationally independent. In 2015, ACFS generated more than 70% of its budget from contributions from industry partners.
The details of the Management Committee are still to be announced.
The ACFS Advisory Board meets regularly to provide advice on ACFS operations and its forward agenda. The Advisory Board comprises 20-30 senior professionals across the financial services industry, government and academia. It replaces the former ACFS Industry Advisory Committee. The Advisory Board does not have formal governance responsibilities.
Advisory Board members are listed below. Click on each name to read their biographies or click here for a consolidated list.
Maria Wilton (Chair)
Managing Director of Franklin Templeton Investments Australia Limited
Maria is a senior director in the International Advisory Services Division of Franklin Templeton. She is responsible for the management of Franklin Templeton’s activities in Australia and New Zealand and for driving the strategic direction of the Australian business.
Prior to joining Franklin Templeton, Ms Wilton was with BT Financial Group (formerly Rothschild) for six years, where she was responsible for the management of institutional diversified funds and BT’s investment relationship with BlackRock. Previously, Ms Wilton was employed by County Investment Management as a diversified fund and fixed income portfolio manager, and at JP Morgan Investment Management as an economist and portfolio manager. Before joining the investment management industry, Ms Wilton worked for the federal government in Canberra in an economic research capacity. She was responsible for foreign exchange market research at the Commonwealth Department of the Treasury.
Jeremy Duffield (Deputy Chair)
Co-founder of SuperEd
Jeremy is currently a director of MLC’s responsible entity board. He is also a director and co-founder of SuperEd Pty Ltd, a digital advice provider. Jeremy was ACFS Chair from 2011 until February 2016.
Jeremy is a senior player in the Australian and international financial services sectors, having served as a senior executive with leading global funds manager Vanguard Group from 1980 to 2010. He founded Vanguard’s operations in Australia and Asia, and led them from 1996 to 2010.
Jeremy is a non-executive director of MLC, National Wealth Management and Plum Financial Services. He has been a member of the federal government’s Australian Financial Centre Task Force, the Financial Sector Advisory Council, and the Financial Literacy Foundation, and was Deputy Chair of the Financial Services Council.
Senior Executive Leader – Strategic Intelligence, ASIC
Mark recently returned to ASIC from secondments as Principal Adviser, Financial System Inquiry Secretariat and Director, Strategy, Research and Risk, Ontario Securities Commission. Mark has held a range of senior executive positions at ASIC including leading ASIC’s Competition in Equity Markets project and the Exchange Market Operators, Regulatory Policy and International teams.
Executive Director – Sector Lead Professional Services, Victorian Government
John is responsible for facilitating and delivering investment growth opportunities for Victoria in the professional services sector. He was previously Managing Director of Standard & Poor’s in Australia and New Zealand, and before that was Greater China Region Head. He is also a director and treasurer of the
Executive, Customer, Bendigo & Adelaide Bank
Marnie has been with the Bendigo and Adelaide Bank Group since 1989 and an executive of the Bank since 2000. Marnie has extensive industry experience in financial services, specifically Retail Banking, Trustee & Custodial Services, Financial Planning, Insurance, Funds Management, Treasury, Risk & Compliance, Payment Systems, Information Technology, Change Management, Social Media and Digital Technologies, and Legal and Human Resources.
Executive Director, CP2
Syd is the Executive Director of CP2, a leading global infrastructure investment manager. Syd was previously the Chair and then Deputy Chair of ACFS, CEO of the Victorian Funds Management Corporation, and Managing Director of the Asia-Pacific operations of Baring Asset Management, a member of the ING Group. He also chairs the ACFS Funds Management and Superannuation Research Program Committee.
Head of Market Strategy and Communications Vanguard Investments Australia
As Head of Market Strategy and Communications at Vanguard and a member of Vanguard’s Executive team, Robin is responsible for Vanguard’s marketing and corporate communications and plays a pivotal role in Vanguard’s market and product strategy development.
Prof Christine Brown
Head of Banking & Finance Department, Monash University
Christine completed her PhD at the University of Melbourne and, prior to joining Monash University in 2010, held several positions at the University of Melbourne. She has also had visiting research positions at the University of Strathclyde, Queens University in Belfast and Manchester University.
Christine has served on the editorial board of three international journals, including the Global Finance Journal, and has consulted to the Australian Treasury and the Board of Taxation on security design and taxation issues. She has extensive experience in executive education, teaching for over ten years on the joint ANZ/University of Melbourne ‘Understanding Treasury Management’ program. Christine’s main research interests are in corporate finance, derivative pricing, infrastructure financing including PPPs, and financial institutions management.
Investment Director, Global Equities and Fixed Income, AMP Capital
Jeff is responsible for bringing AMP Capital’s investment thought leadership and insights from its capabilities across global equities and fixed income to retail and institutional clients. Jeff is also chair of the Credit Investment Committee, a member of the Infrastructure Investment Committee and a member of the AMP Capital Executive Committee. He was formerly Head of Global Credit at QIC.
Manager – Affordability, Suncorp Group
Annabelle is an insurance industry professional with more than 17 years of experience, mainly in the public policy, consumer affairs and regulatory affairs disciplines. A lawyer by background, Annabelle recently established the first general insurance brand specifically for people who earn low incomes. She also chairs the ACFS Insurance Research Program Committee.
Head of Government Relations, Challenger Limited
David has been Head of Government Relations at Challenger since 2005, and was previously the federal member for Kingston in the House of Representatives, as well as Shadow Minister for Revenue and Assistant Treasurer.
Oceania Financial Services Transaction Advisory Services Leader, Banking and Capital Markets Partner, EY
Tim is a Financial Services Partner specialising in banking and capital markets (major banks, mutuals and non-bank financial institutions), asset management and risk and regulatory management. He has worked offshore in the UK, Eastern Europe and Asia in the BCM sector as an external auditor and adviser.
President, Emergency Services and State Super (ESS)
Joan has an extensive record of achieving successful business outcomes in complex change environments. She completed 16 years as CEO and Director of the Australian and New Zealand Institute of Insurance and Finance (ANZIIF) in 2003.
Joan is an Executive Director with the Bevington Group. She holds several concurrent non-executive directorships including Director of the Victorian Managed Insurance Authority; Member of World Vision Australia’s Business Advisory Council; Director and Deputy Chair of the CREATE Foundation; Director of the South Australian Finance Authority; and Chair of the Australian Reinsurance Pool Corporation.
Prof Tim Fry
Head of School of Economics, Finance and Marketing, RMIT University
Tim is Professor of Econometrics in the School of Economics, Finance and Marketing and the leader of the College of Business Research Capacity Building Team. He specialises in the analysis of cross-section and longitudinal survey data, market modeling, measuring advertising effectiveness and discrete choice modelling.
Client Manager, Government and Globals, Swiss Reinsurance
Nicole is responsible for developing strategic relationships with all levels of government and public sector clients in Australia and New Zealand. Nicole started her professional career with Deloitte, and served as CFO of the JSE listed company Cadiz Investment Bank. She has a Bachelor of Commerce and a Post Graduate Diploma in Accounting from the University of Cape Town, and went on to obtain her Chartered Financial Analyst qualification in 1999.
Chief Executive Officer, Australian Institute of Superannuation Trustees (AIST)
AIST is the peak representative body for Australia’s $600 billion not-for-profit superannuation sector. Since his appointment as AIST’s new CEO in February 2013, Tom has been actively involved in helping AIST member funds deal with the many challenges facing the super industry, not least being implementation of the Stronger Super reforms.
Executive Director, Financial Counselling Australia
Financial Counselling Australia is the peak body for financial counsellors in Australia. Fiona has been involved with the consumer movement for over 25 years, including a number of years on the executive of the Consumers’ Federation of Australia. She is a former board member of Energex Retail, the Insurance Ombudsman Service and the Financial Ombudsman Service and a former Chair of ASIC’s Consumer Advisory Panel. Fiona is currently FCA’s representative on the ACCC’s Consumer Consultative Panel, a member of the Financial Literacy Board and on the board of Choice.
Assistant Governor (Financial Markets) , Reserve Bank of Australia,
Christopher Kent is the Assistant Governor (Financial Markets) at the Reserve Bank of Australia, a position he has held since December 2016. In this role, he is responsible for the oversight of the Bank’s operations in the domestic and global financial markets, including the management of Australia’s foreign reserves. He briefs the Reserve Bank Board on developments in financial markets at the monthly Board meetings and participates as the Bank’s representative on the BIS Markets Committee and the BIS Committee on Global Financial Stability.
Prior to this, Christopher was the Assistant Governor (Economic) for five years and as such was the chief economic advisor to the Governor and the Board. Christopher has also worked as Head of Payments Policy Department and earlier as Head of Economic Research Department and he spent two years with the International Monetary Fund working on the Italian desk.
Christopher holds a PhD from the Massachusetts Institute of Technology and a Bachelor of Economics (Honours) from the Australian National University. He has authored numerous papers on the Australian economy and macroeconomic policy and edited a number of the Bank’s annual Conference Volumes.
Senior Partner, Mercer and Senior Actuary for Australia
David is the National Leader for Research at Mercer. He is currently the actuary to the Victorian and Tasmanian governments, the Western Australian public sector pension plan, and was the industry expert of the three- person team that conducted a review of military superannuation for the Australian government. He is author of the Melbourne Mercer Global Pension Index.
Executive General Manager, National Australia Bank
Steve is a career wholesale banker working in all areas of financial markets with a strong emphasis on capital markets globally. Steve has had an international career with over 20 years leading diverse high-performance teams focused on providing innovative, interesting transactions to the investor and issuer communities.
As well as being an advisor and board member of firms in the global fintech space, David is a retired Managing Director of Accenture, where he held global practice leadership roles in Asia Pacific, Australia, Korea, France, and Benelux, primarily focused on financial services.
Professor Rodney Maddock is the Interim Director of ACFS. He is also a Professor at Monash University andVice-Chancellor’s Fellow at Victoria University.
Rod is currently President of the Economic Society of Australia’s Victorian Branch. In the decade to 2012 he was a senior executive at the Commonwealth Bank of Australia. Earlier roles included Chief Economist for the Business Council of Australia and Head of Economic Policy in the Victorian Cabinet Office. He was also a Professor and Head of the School of Business at La Trobe University.
He has a distinguished academic record with extensive academic publications and experience working in a number of countries. His main books include Rational Expectations, The Australian Economy in the Long Run, and Unlocking the Infrastructure. His ongoing research is in the areas of finance and Australian economic development.
Director of Policy, Industry Super Australia
Zak is ISA’s Director of Policy. Prior to joining ISA, Zak worked in senior roles for the United States Securities and Exchange Commission (SEC). Most recently, he provided strategic, policy and legal advice to Commissioner Luis Aguilar during the global financial crisis and subsequent regulatory reform. Before joining the SEC, he worked as an attorney at major law firms in the US. Zak holds a Doctorate of Law from New York University.
Adviser and Advocate, Victor Perton Global Partners
With wide-ranging global experience and a resilient happy nature, Victor offers high quality leadership and board advice, advocacy and engagement. Victor works in executive and board search and leadership assessment with the Oppeus International team. He serves on the Boards of Yarra Valley Water, Lifeguard Health Networks, the Foreign Minister’s Council on Australia Latin American Relations and the Global Integrity Summit.
Division Head, Financial System Division, The Treasury
Meghan manages Treasury’s Financial System Division, which monitors and provides advice on developments in the financial sector and its regulatory framework. She has formerly served as Division Head of Treasury’s Macroeconomic Modelling Division, and as head of the secretariat for the ‘Australia in the Asian Century’ taskforce at the Department of the Prime Minister and Cabinet.
CEO & MD, FINSIA (Financial Services Institute of Australasia)
Chris has been Managing Director and CEO of FINSIA since October 2016. He has over 30 years’ experience in financial services and IT and was previously CEO of CUA and CEO of BankWest Retail. He also has extensive experience as a Non-executive Director in the payments, insurance, wealth management and IT sectors.
Daniel Mulino (Observer)
Parliamentary Secretary for Treasury and Finance, Victorian Government (Observer)
Daniel’s career has been spent working in the area of economic policy in government and the public and private sectors. Daniel has also undertaken research as a Director of Policy at Pottinger, working on projects to advise the government. He has a PhD in Economics from Yale University (2005), a Master of Economics from the University of Sydney (Hons, 1st), and a Bachelor of Arts/Bachelor of Laws (Hons) from the Australian National University. He was elected to the Legislative Council on 29 November 2014 and has been Parliamentary Secretary for Treasury and Finance since 23 December 2014.