HomeMedia & ResourcesMedia ReleasesDegotardi to step down as COBA CEO

Degotardi to step down as COBA CEO


The Board of the Customer Owned Banking Association (“COBA”) has advised its members with regret that Mark Degotardi has resigned as CEO.

COBA will commence a national search for a new CEO immediately, overseen by the Board. 

COBA Chair Wendy Machin said Mr Degotardi had made a significant contribution to COBA and the sector and would be missed.

“The Board acknowledges the outstanding contribution that Mark has made to COBA and the sector over more than 14 years with the organisation,” Ms Machin said.

“COBA has a stronger strategic focus and has achieved significant wins on behalf of the sector under Mark’s leadership.  COBA is recognised as a strong and professional voice on behalf of its members and Mark leaves the organisation stronger than when he took on the role of CEO.  Mark’s skills, experience, knowledge and professionalism have been key drivers of COBA’s success.”

Mr Degotardi acknowledged the support of the Board and members during his time as CEO and paid tribute to the professional COBA team.

“It has been my privilege to serve as COBA’s CEO.  Customer owned banking stands out as the strong, ethical, consumer-focused alternative in retail banking and it has been an absolute pleasure to advocate on behalf of the sector,” said Mr Degotardi.

"Customer owned banking changes peoples’ lives for the better every day.  This wasn’t the reason I first came to COBA, but it is the reason I have stayed for over 14 years.

“It is however the right time for me to seek a new challenge, and for COBA to look for fresh perspectives to help the industry to continue to grow.”

Mr Degotardi will finish at COBA on 31 August 2017.  Dominic Dunn, COBA’s Head of Corporate and Business Services will be Acting CEO from 1 September.

Media Release205.57 KB

Media Contact:

Daniel McDougall, Senior Manager – Media and Communication

02 8035 8444 or 0407 637 541, This e-mail address is being protected from spambots. You need JavaScript enabled to view it

Customer Owned Banking Association is the industry body for credit unions, building societies and mutual banks.  See www.customerownedbanking.asn.au for details.



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Daniel McDougall
Senior Manager - Media
Ph: 02 8035 8444
Mob: 0407 637 541
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Luke Lawler
Director - Policy
Ph: 02 8035 8448
Mob: 0418 213 025
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