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FICA welcomes recent appointments to Financial Services
Centre initiative
30 September 2008
Media Release
The Finance Industry Council of Australia (FICA) welcomes the recent appointment of Mr Mark Johnson to take up the important role of leading the joint industry and government Financial Services Centre initiative.
Assistant Treasurer and Minister for Competition and Consumer Policy, Chris Bowen, recently appointed Mr Johnson, who is the retired Deputy Chairman of Macquarie Bank, and is currently Chairman of AGL Energy and Macquarie Infrastructure Group, to this Chairman role.
David Bell, FICA spokesperson, said: “We expect that the forum will take a strategic and coordinated approach towards further developing Australia as an international Financial Services Centre. These senior appointments will prove invaluable in the ongoing strategic positioning of Australia’s financial services industry. Mr Johnson brings a wealth of industry experience to the job, both domestically and internationally.”
The Assistant Treasurer also appointed a Panel of Experts who will be joining Mr Johnson:
- Mr Paul Binsted, Former Managing Director, Lazard Australia;
- Mrs Patricia Cross, Non Executive Director, National Australia Bank;
- Mr Jeremy Duffield, Managing Director, Vanguard Investments Australia;
- Mr Craig Dunn, Chief Executive Officer, AMP; and
- Mr John Story, Chairman Suncorp Metway.
Mr Bell said: “We congratulate Mr Johnson and the panel of experts on their appointment. These appointments confirm that the partnership approach between industry and Government is progressing well. FICA looks forward to playing an active role in the Financial Services Centre initiative.”
For further information:
Heather Wellard, PR - Australian Bankers’ Association, 8298 0411 or 0409 830 439
Simon Disney, Senior Manager, Media and Communications, IFSA on 0408 161 466
Mr Alex Sanchez, Insurance Council of Australia 02 9253 5130
Notes for editors:
FICA is comprised of the Australian Bankers’ Association (ABA), Abacus–Australian Mutuals, Australian Finance Conference (AFC), Australian Financial Markets Association (AFMA), Financial Planning Association (FPA), Investment and Financial Services Association (IFSA), and the Insurance Council of Australia. FICA provides a focus for the discussion of the overarching international and domestic issues affecting providers of financial services in Australia. FICA was formed in June 2004. FICA's members have financial assets under management, including banks and other depositories and both the general and life insurance industries, which generate around 8% of Australia’s GDP. FICA facilitates high level responses to regulatory and market developments affecting the overall sector, building upon the work done by the individual FICA constituents.
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