Award winner wins ABA role
(3 August 2009 – Australia) Banking executive of the year and Bank of Queensland chief, David Liddy, has been appointed to the deputy chairman role of the Australian Bankers Association (ABA).
The ABA, which acts as a combined voice for the Australia banking industry, announced that its council elected David Liddy, Chief Executive Officer of Bank of Queensland, as the new Deputy Chairman of the industry organisation.
Earlier in the year, Liddy won the Australian Banking and Finance award for bank executive of the year, in what has been a tough time for regional banks in particular.
The deputy post became vacant when former HSBC Australia chief, Stuart Davis, left Australia to take up the chief executive role for HSBC in India.
The ABA is currently chaired by the Managing Director and Chief Executive Officer of one of Australia’s Big Four banks, in Commonwealth Bank’s Ralph Norris.
Norris said that Liddy will play an important role in the industry discussions on regulation.
Banking is constantly and rapidly evolving and changes in practices and regulation across the world can also affect Australia, Norris added.
Given this, Norris highlighted the need to continue to ensure that regulatory developments which are designed to fix problems overseas are not just duplicated in Australia. After all, Australian banks have fared well in this global financial crisis.
Earlier in the year, Liddy won the Australian Banking and Finance award for bank executive of the year, in what has been a tough time for regional banks in particular.
The deputy post became vacant when former HSBC Australia chief, Stuart Davis, left Australia to take up the chief executive role for HSBC in India.
The ABA is currently chaired by the Managing Director and Chief Executive Officer of one of Australia’s Big Four banks, in Commonwealth Bank’s Ralph Norris.
Norris said that Liddy will play an important role in the industry discussions on regulation.
Banking is constantly and rapidly evolving and changes in practices and regulation across the world can also affect Australia, Norris added.
Given this, Norris highlighted the need to continue to ensure that regulatory developments which are designed to fix problems overseas are not just duplicated in Australia. After all, Australian banks have fared well in this global financial crisis.
Subscribe