HomeView 2014 Media ReleasesNew CEO appointed to lead customer owned banking

The Customer Owned Banking Association today appointed Mark Degotardi as Chief Executive Officer.

Announcing his appointment, COBA Chair Julianne Plath said:

“Mark brings significant experience, advocacy skills and a passion for customer owned banking to this role.

“The Board looks forward to working with Mark on delivering exciting plans to support our sector’s growth.”

“Mark is a strong and successful advocate for the customer owned banking sector, and has led COBA’s public advocacy on the Financial System Inquiry which has now delivered recommendations for a more consumer focused and competitive regime.

“On behalf of the Board, I warmly congratulate Mark as the new COBA CEO.”

Commenting on his appointment, COBA CEO Mark Degotardi said:

“I am delighted and honoured to take on such an important and exciting role.

“Customer owned banking already has 4 million customers. The Murray Report has underlined to me the real value for Australian consumers in having such a strong, diverse, trusted business model in financial services.  Mr Murray has put a stake in the ground and firmly established competition in banking as a reform priority.

“Customer owned banking institutions are the alternative to the major listed banks.  The customer comes first in every decision we make and our institutions are committed to positively impact the communities in which they operate.

“At a time when many are questioning whether they can trust some of Australia’s largest institutions, the customer owned banking sector is a natural choice.  I look forward to helping our Australian owned and locally run customer owned mutual banks, credit unions and building societies grow and serve more and more Australians.

“I and the COBA team are committed to help our members bring competition back to the Australian banking sector and provide consumers with a clear and compelling choice for their banking needs.”

For more information please 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, mutual banks and friendly societies.  See coba3.nexusone.com.au

Download PDF release here



Media Contacts

Sally Mackenzie
Director - Strategy & Stakeholders
P: +61 2 8035 8450
M: +61 412 721 663
Email Sallycontact-arrow

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