Banking 2021: Planning for Tomorrow | Australian Banking Association | 16 September 2021 | Hyatt Regency, Sydney, 161 Sussex St, Sydney NSW 2000, Australia

The ABA’s mission is to support our member banks to build a strong, stable and trusted banking system, to grow the Australian economy and build the financial well-being of all Australians.

We are working to earn back the trust of the Australian people.
The banking industry has tougher rules imposed by the Government and regulators, a back to basics approach to banking which is squarely centered on the customer and a renewed focus on fixing culture.

Royal Commission
Changes since the Royal Commission. At the release of the Final Report of the Royal Commission in 2019 the industry committed to learning the lessons, fixing the problems and making things right. A wide range of new actions have been taken by banks, regulators and the Government to stamp out bad behaviour and ensure the problems identified by the Royal Commission are fixed.

Remuneration Review
The Independent Review into Retail Banking Remuneration
The Independent Review into product sales commissions and product based payments in retail banking in Australia was conducted by Mr Stephen Sedgwick AO. Commissioned by the Australian Banking Association as part of a 6 point reform plan announced in April 2016 to address conduct and culture issues in banks. This independent review related to bank staff and third parties who receive payments for selling bank products such as deposit accounts, mortgages and credit cards.

Banking Code
The Code is independently reviewed every three years. The 2021 independent review is being undertaken by Mr Mike Callaghan AM PSM. The review is being undertaken in consultation with consumer representatives, small business organisations and other stakeholders.

Corporate Responsibility
In 2019 the ABA commenced a program of work to highlight for Australians the social and environmental initiatives. Its purpose is to define and promote the implementation of best practices within the ABA membership to respond to the financial risks and opportunities stemming from climate – and environment – related changes, such as the Task Force on Climate-related Financial Disclosures (TCFD). Large organisations like banks have a responsibility to be transparent with stakeholders about their social and environmental impacts. As the world works towards a myriad of sustainable goals and ambitions, business functions such as finance must shift to suit the needs of organisations and governments. Financial institutions must recognize the role of the financial services sector in making our economy and lifestyles sustainable and commit to the integration of environmental and social considerations into all aspects of their operations.

2021 Speakers

Dr. Jim Chalmers
Shadow Treasurer

Anna Bligh
CEO, ABA

Dr Susan David
International Keynote Speaker, Psychologist and Bestselling Author

Katrina Cuthell
Senior Partner, Bain & Company

Sascha Ambrose
Regional Vice President, Financial Services, Salesforce

The Hon Josh Frydenberg
Federal Treasurer

Sam Garland
Australian Banking & Capital Markets Leader, PwC

Hessel Verbeek
Partner, KPMG

Keith Rovers
Partner – Corporate & Capital Markets Group, Minter Ellison

Rebecca Engel
Financial Services Executive, Transformation, Operations, Controls Leadership, Culture Change Expert, Microsoft

Rachael Hughes
Financial Services Consulting Lead AU/NZ, Accenture

Anke Raufuss
Partner, McKinsey & Company

May Lam
Partner, FS Technology Consulting, EY

Shara Evans
Futurist

PANELIST:

Philip Lowe
Governor, Reserve Bank of Australia

Wayne Byres
Chairman, Australian Prudential Regulation Authority

Joseph Longo
Chair, Australian Securities, Investments Commission

Anna Bligh
Chief Executive Officer, Australian Banking Association

Matt Comyn
Chief Executive Officer, Commonwealth Bank of Australia & ABA Chair

Marnie Baker
Managing Director, Bendigo and Adelaide Bank Ltd & ABA Deputy Chair

Jo Masters
Chief Economist Oceania, EY

Linda Evans
Partner, Herbert Smith Freehills

David Locke
Chief Ombudsman, CEO, Australian Financial Complaints Authority

Fiona Guthrie
Chief Executive, Financial Counselling Australia

Joseph Healy
Co-Founder, Co-CEO, Judo Bank

Gareth Gumbley
CEO & Founder, Frollo

Dr. Tommy Mermelshtayn
Chief Strategy Officer, ZIP

Dr. Alex Robson
Ambassador & Permanent Representative of Australia, OECD

Hugh Harley
Professor of Practice, University of Sydney

Brian Johnson
Head of Banks Equity Analysis Australia

Andrew Bragg
Senator

Dr. Pradeep Philip
Lead Partner, Deloitte Access Economics

MODERATORS:

Ian Paterson
Senior Banking, Finance Partner, King Wood Mallesons

Chris Bradley
Senior Partner, McKinsey & Company

Tim Wilson
MP, Chair of House of Reps Economic Committee

MC:
Ticky Fullerton
Business Editor at Large at the Australian, Mc of Banking 2021

2021 Sponsors

• Mckinsey & Company
• KPMG
• Herbert Smith Freehills
• Gilbert Tobin
• NCino
• Docusign
• EY
• Deloitte
• The University of Sydney
• Allens Linklaters
• Accenture
• PWC
• Microsoft
• King & Wood Malessons
• Minter Elisson

PARTICIPATING BANKS:
• AMP
• ANZ
• Abal Banking
• Bank Australia
• Bank of China
• BOQ Group
• Bank of Sydney
• Bendigo and Adelaide Bank
• Citi
• Business Banking
• HSBC
• ING
• Macquarie Bank
• ME
• My State
• Nab
• Rabo Bank
• SunCorp
• Westpac