HomeView 2014 Media ReleasesCOBA begins search for CEO following Louise Petschler's resignation

The Board of the Customer Owned Banking Association (“COBA”) has advised its members with regret that Louise Petschler has resigned as CEO, after more than six years in the role.

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

COBA Chair Don Magin said Louise had made a significant contribution to COBA and the sector and would be missed.

“The Board acknowledges the outstanding contribution that Louise has made to COBA and the sector, and the many milestones that have been achieved under her leadership,” Mr Magin said.

“COBA has matured and grown significantly in performance, focus and influence.  Louise’s passion for customer owned banking, and her commitment to a united industry ‘voice’ for the sector, have been key drivers in COBA’s work and success.”

Ms Petschler acknowledged the support of the Board and members during her time as CEO and paid tribute to the professional COBA team.

“It has been my privilege to serve as COBA’s CEO.  For a supporter of customer owned banking and its potential, there is no more challenging or rewarding role,” said Ms Petschler.

"I will remain a great champion of this industry and the people working within it.  However, I believe the time is right for COBA to draw on new perspectives at a leadership level, and for me to take a short break and consider my next challenge.”

Mr Magin noted that Louise would leave COBA on a firm footing with member support, sound financials and a dedicated and professional team in place.

Ms Petschler will finish at COBA on August 8.  Mark Degotardi, COBA’s Head of Public Affairs, will be Acting CEO from 9th August.

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

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Media Contacts

Mick Gibb
Corporate Affairs Manager
P: +61 2 8035 8444
M: +61 423 149 494
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