Australian Banking Association Explained

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 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 CEO Anna Bligh, the ABA's public profile has risen due to the industry's response to Australia's "Black Summer" fires, and collective measures to help cushion the economic impact of the COVID-19 pandemic.^[7]

Leadership

Chairmen

The following served as Chairman of the Association:

Order	Officeholder	Title	Bank	Term began	Term end	Time in office	Notes
		align=left rowspan=11	Chairman	align=left rowspan=2					[8]
					[9]
						[10]
						[11] [12]
						[13]
	Peter King			Present		[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
	Tony Aveling	Chief Executive Officer	1997	2000	years	[15]
	Jeff Oughton	Acting Chief Executive Officer
	David Bell	align=left rowspan=11	Chief Executive Officer
	Steven Münchenberg				[16] [17] [18]
			present		[19] [20]

See also

• Banking in Australia
• Bank nationalisation in Australia
• Financial regulation in Australia
• Four pillars policy
• Royal Commission into Misconduct in the Banking, Superannuation and Financial Services Industry
• Too big to fail

Notes and References

1. Web site: History . Australian Banking Association . 3 March 2018.
2. Web site: Australian Banking Association Members. 2020-09-15. Australian Banking Association. en-AU.
3. Web site: The Australian Banking Association's role . Australian Banking Association . 3 March 2018.
4. Web site: The ABA. 2020-09-15. Australian Banking Association. en-AU.
5. Web site: 2021-09-03. Australian banks shut down internal appeal avenue for unhappy customers. 2021-09-07. the Guardian. en.
6. Web site: Independent review of the Banking Code of Practice. 2021-09-07. JD Supra. en.
7. Web site: 2020-05-06. COVID-19 Banking Timeline: a financial history of the pandemic. 2020-09-15. Australian Banking Association. en-AU.
8. Westpac's Group CEO Gail Kelly elected Chairman of the Australian Bankers' Association . Australian Bankers' Association . 4 December 2013 . 3 March 2018 . https://web.archive.org/web/20180304173732/https://www.ausbanking.org.au/media/media-releases/media-release-2013/Westpac-s-Group-CEO-Gail-Kelly-elected-Chairman-of-the-Australian-Bankers-Association- . 4 March 2018 . dead .
9. News: Westpac CEO Brian Hartzer appointed Australian Bankers' Association chairman . . Australia . Eyers, James . 10 December 2014 . 3 March 2018 .
10. NAB CEO new Chairman of the Australian Bankers' Association . Australian Bankers' Association . 2 December 2017 . 3 March 2018 . https://web.archive.org/web/20180304174004/https://www.ausbanking.org.au/media/media-releases/media-release-2015/nab-ceo-new-chairman-of-the-australian-bankers-association . 4 March 2018 . dead .
11. News: Worst-kept secret revealed as ABA names ANZ's Elliott as chair . . Australia . Frost, James . 16 October 2017 . 3 March 2018 .
12. News: ANZ's Shayne Elliott steps into banking's hot seat . Durie, John . . 4 December 2017 . 3 March 2018 .
13. News: Comyn Assuming ABA Chair in December . . Australia . Aston, Joe . 10 September 2019 . 10 September 2019 .
14. News: Peter King set to sit on ABA Throne. Australian Business Review . Australia . Gluyas, Richard . 23 November 2021 . 23 November 2021 .
15. Web site: The history of Australian Banking: 1991 - 2006 . Banking in Australia Today . Australia . Khoury, Phil . 2006 . 3 March 2018 . 24 .
16. News: NAB's Steven Munchenberg appointed chief executive of Australian Bankers Association . . 23 January 2010 . 3 March 2018 .
17. News: ABA chief executive Steve Münchenberg steps down . . Australia . Shapiro, Jonathan . 21 October 2016 . 3 March 2018 .
18. News: Major banks back Anna Bligh for ABA top job . . Australia . Sier, Jessica . 19 February 2017 . 3 March 2018 .
19. News: Anna Bligh appointed as first female Australian Bankers' Association CEO . . Australia . Silva, Kristian . 17 February 2017 . 3 March 2018 .
20. News: Can Australian Bankers' Association CEO Anna Bligh persuade us to trust banks? . . Australia . Whyte, Jemina . 9 November 2017 . 3 March 2018 .