The Australian Banking Association (ABA) has announced the retirement of its CEO Anna Bligh. Sometime in mid-2025, once a replacement is appointed, Bligh will step down.
“Australia’s banks have thoughtful people committed to their customers and it’s been a pleasure to work with them,” said Bligh.
“Our banks pull some of the biggest levers in the economy and have enormous impact on people’s lives, so I’ve relished the chance to play a part in improving the system and making a difference.”
Bligh has held the position since April 2017, bringing the organisation through the COVID-19 pandemic and banking royal commission.
Bligh held the position of Queensland premier between 2007 and 2012, after entering Queensland Parliament in 1995. She also held ministerial portfolios including education and finance, treasurer, and deputy premier.
“When I started in 2017, the banking industry had lost the trust of the Australian community and has since worked tirelessly to earn back that trust. Every bank stepped up to support Australians during the COVID pandemic, deferring mortgage and loan repayments for every customer who needed it,” she said.
“Across the sector, Australia’s banks are playing a leadership role in building the digital economy, tackling scams and financial fraud, supporting customers experiencing vulnerability and financial stress, including those experiencing domestic violence and elder abuse.”
Commenting on the announcement, NAB CEO and ABA chair Andrew Irvine reflected on the time working alongside Bligh.
“On behalf of the membership and Council of the ABA, I would like to thank Anna for her enormous contributions to our industry and recognise the significant impact she has had,” he said.
“The role of an industry association CEO is always a challenging one and we are certainly fortunate that Anna has invested so much time and energy for Australian financial services. She has held a relentless focus on helping and supporting customers, particularly the most vulnerable members of our community.
“She has been a cornerstone of industry actions following the necessary Royal Commission in 2018–19 and our positive response to support customers and the broader economy during the covid pandemic and recovery.
“It is clear that Anna has the respect of her stakeholders, formed strong working relationships with other peak bodies domestically and internationally. She has elevated debate around banking services to a higher, more effective policy-based set of considerations.”