MEDIA RELEASE: RMA Australia in stable fiscal position despite challenging industry conditions
RMA Australia is in a stable fiscal position to continue growing member services for the 2019/2020 financial year.
An increase in the number of institutional members and robust growth in individual memberships in the second half of the Financial Year, has contributed to this.
The RMA Australia Management Committee remains unchanged with the exception of the addition of Jeff McArthur, Chief Risk Officer, Greater Bank.
The following Directors have been re-appointed to the Board: Chris Williams (Commonwealth Bank of Australia), David O’Brien (ANZ), Catherine Thrum (Westpac), Kerrie Noonan, General Manager, Credit Analytics and Portfolio Management, National Australia Bank), Rick Crethar (PricewaterhouseCoopers), Megan Holt (Ernst & Young), John-Paul (JP) Monck (KPMG), Mike Ritchie (Deloitte).
The following nominations for the Ordinary Members of the Committee were received and as the number of nominations received is equal to the number of vacancies to be filled, in accordance with Rule 29(5) of the Rules, the abovementioned shall be deemed to be elected: Bosco Mendez, Head of Commercial Credit Risk, Bendigo & Adelaide Bank, Megan Readdy, Chief Risk Officer, Credit Union Australia (CUA), Teena Rowell, Chief Risk Officer Strategic, Technology & Corporate, (Suncorp Group), Jeffrey McArthur, Chief Risk Officer, Greater Bank.
Following the AGM the new Board met and elected the following office bearers.
President: Chris Williams - Chief Risk Officer, Business & Private Bank, Commonwealth Bank of Australia, Vice President: Rick Crethar, Partner, Consulting Leader, PwC, Secretary: David O'Brien, Group General Manager, Risk Metrics & Measurement, ANZ, Treasurer: Megan Readdy, Chief Risk Officer, Credit Union Australia.