One of Australia’s Most Experienced Bankers and Former CEO of CBA
In 1966, David first joined the Commonwealth Bank of Australia as a teller in a Sydney branch. Rising to the top, he was appointed CEO in 1992 and would spend thirteen years in this position.
During an outstanding thirty-nine-year career at CBA and thirteen years as CEO, David oversaw the bank through tumultuous changes. This includes the transition from public to private hands – during which CBA generated one of the highest total returns of any bank in Australia – as well as the $10 billion acquisition of Colonial Mutual in 2000.
In 2001, David was awarded the Centenary Medal for service to the Australian Society in banking and corporate governance.
After his retirement in 2005, David joined the Australian Super Fund, where he worked for six years as the Chairman. He has since then held numerous public sector advisory roles in Australia, including roles such as a Senior Advisor of Credit Suisse, member of the Oliver Wyman Senior Advisory Board and a consultant to Olbia Pty Ltd. He also chaired the Federal Government's Future Fund and the Financial System Inquiry, which reported to the Australian Government in December 2014.
In 2007, David was made an Officer in the Order of Australia for his service to the finance sector both domestically and globally and service to the community.
In addition to his work in the financial sector and his advisory roles, David is also involved with numerous philanthropic, industrial and financial causes. He is a member of the Financial Markets Foundation for Children, the Global Foundation, is a chair on the board of The Butterfly Foundation and former Director of Tenix Pty Ltd.
In 2018, David was appointed the new Chairman of AMP and retired two years later in 2020.
Having such extensive experience in the finance and banking sectors, David possesses invaluable insights into both sectors. With his expertise and speaking prowess, he is a highly sought-after speaker on leadership, the economy and finance, macroeconomics and corporate governance.