Former finance minister Simon Birmingham to lead Australian Banking Association
The ABA is the peak industry body representing the major four banks and a number of smaller lenders.
Mr Birmingham succeeds Anna Bligh, who announced her retirement in February after more than eight years in the top job.
Mr Birmingham, who was one of the Liberal's most senior moderates, announced his retirement from politics late last year after almost two decades in parliament.
He was finance minister for the second half of Scott Morrison's prime ministership as the pandemic wrecked global economies and inflation began its steady climb skywards. He has also held trade, finance and education portfolios under two prime ministers.
Mr Birmingham will leave his role at ANZ as head of Asia-Pacific engagement, which he assumed in February. He joins the ABA on August 18, with Ms Bligh finishing up four days later.
'He is a recognised leader who has had deep involvement in significant and long-lasting policy decisions and actions throughout his career that have helped to shape our country,' ABA chair and National Australia Bank chief Andrew Irvine said.
Mr Birmingham thanked the ABA board for their vote of confidence in his ability to lead the industry.
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