Former Bendigo and Adelaide Bank CEO Marnie Baker joins FinTech Australia board
FinTech Australia today announced the appointment of prominent banking leader Marnie Baker to its board as a Non-Executive Director, adding notable leadership and policy expertise to the peak body's strategic direction.
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Baker is the former CEO and Managing Director of Bendigo and Adelaide Bank, current member of the Reserve Bank of Australia's (RBA) Monetary Policy Board, and a director of the Regional Australia Institute and Australian Retirement Trust. She also previously served as Deputy Chair of the Australian Banking Association.
Her appointment marks a significant boost to FinTech Australia's engagement capabilities at a time when regulatory, economic and digital forces are reshaping the financial services sector.
FinTech Australia Chair Sarah Gorman added: 'Marnie has chased impact and positive change in the banking ecosystem her entire career. Her joining our board is a huge point of validation for the fintech industry, its impact to date and its broader goals. Her guidance will lend a new level of expertise to our organisation, in turn helping our members as they face complex funding and policy challenges. The appointment is both a significant milestone for FinTech Australia and also the fintech industry.'
Commenting on her appointment, incoming non-executive board FinTech Australia board member Marnie Baker said: 'I've long admired the energy and innovation coming from Australia's fintech community. Joining FinTech Australia is a chance to contribute to its future and help shape a more inclusive and competitive financial services ecosystem.
FinTech Australia's board also acknowledged the continued contributions of existing board member Cathryn Lyall, who will remain until September before transitioning to an advisory role.
Baker's appointment comes at a critical juncture for the fintech industry. In its March 2025 pre-budget submission, FinTech Australia warned of a 'two-speed' fintech ecosystem, citing a 14% drop in deal volumes and a disproportionate focus on established players.
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