About

Our Board of Directors oversee the strategic direction of Defence Bank, and ensure our statutory and legal requirements are met. Directors serve a term of three years, with elections held annually and are announced at the Annual General Meeting held in November.

Fran Raymond

Fran Raymond

BCom, MBA, FCA, FAICD, GDPPM, FSAA

Chair of the Board

Term of Office

Initially appointed to the Board in December 2010
Most recently re-elected in November 2017

Current Committee Roles

Chair of Remuneration Committee 
Ex-Officio of Audit Committee 
Ex-Officio of Risk and Compliance Committee 
Governance Committee

Previous Directorships

UN Women (Australia)
Canberra Institute of Technology - Audit Committee
Cancer Australia - Audit Committee
National Education Advisory Committee AICD

Skills and experience

Fran began her career at KPMG in management consultancy. Fran has since gained significant Senior Management experience and has held CFO roles at The CrimTrac Agency, IP Australia, Department of the Prime Minister and Cabinet, and the National Health and Medical Research Council, then moving into the role of General Manager Corporate at Rural Industries Research and Development Corporation and Chief Operating Officer at the Australian Reinsurance Pool Corporation. Fran was an ACT Councillor at the Australian Institute of Company Directors. Fran has also been a Director at UN Women (Australia) since 2010 and is Chair of the Finance, Audit and Risk and Public Funds Committees. In 2013 Fran was a finalist in the Telstra Business Woman of the Year Awards as well as being listed as one of Australia’s 100 Women of influence in 2012. Fran is currently employed at the Department of Defence in Canberra, previously as CFO Army and currently as Assistant Secretary, Finance - Enabling Groups.

Lieutenant Colonel Craig Madden

Lieutenant Colonel Craig Madden

BA, MMgt (Defence Studies),GradCert Applied Engr Practice, FAICD, psc

Director

Term of Office

Initially elected to the Board in November 2005
Most recently re-elected in November 2017

Current Committee Roles

Risk and Compliance Committee
Trustee of the Defence Bank Foundation

Other Positions

Commissioned Officer, Royal Australian Engineers
Deputy Director Operations and Training Area Management - Western Australia

Skills and experience

During Craig's 12 years as a director of Defence Bank he has held the appointments of Deputy Chariman of Board, Acting Chairman of the Risk Committee, Chairman of the Governance Committee and Chairman of the Remuneration Committee. He has also been a member of the Audit Committee, Executive Committee and the Director Selection Committee. Craig has served for over 30 years in the Australian Army Corps of Engineers with command appointments at Troop, Squadron and Regimental levels as well as various instructional and staff appointments. He has extensive experience in Domestic Operations including the Melbourne 2006 Commonwealth Games and 2009 Victoria Fires Recovery Task Force. He commanded US Marines and Army Engineers on Operations in Iraq and was an Advisor to an Afghan Army Colonel in Afghanistan. Honours and Awards include US Bronze Star and Deputy Commander Joint Operations Command Commendation.

Joan Fitzpatrick

Joan Fitzpatrick

BA (Hons) LLB, ANZIIF Fellow, CIP, GAICD

Director

Term of Office

Appointed to the Board in November 2015

Current Committee Roles

Chair of Governance Committee
Audit Committee

Other Directorships

President & Chair, ESS Superannuation Trustee Board
Director, Catholic Church Insurance & CCIAM
Chair, Transaction Capital/recoveriescorp
Director, Maurice Blackburn Lawyers
Director, AFL Players Injury & Hardship Fund
Managing Director & Principal , Alvearium Pty Ltd
Chair, Sacré Coeur, Independent School

Skills and experience

Joan is an experienced company director, CEO and leader of business success. With more than 35 years of commercial business experience at an executive level, Joan completed 16 years as CEO and Director of the Australian & New Zealand Institute of Insurance and Finance in December 2013. As CEO Joan revitalised and expanded the business and its international reach. ANZIIF is now a highly respected profitable association. She is currently a Non-Executive Director on several Boards and is an Executive Director, with the Bevington Group, a leading provider of consulting services in business operating model design, productivity and process improvements and change management. With professional qualifications in Law, Joan also has strong governance and compliance capability and understanding of operations within APRA and ASIC.

Lieutenant Peter Mason RANR

Lieutenant Peter Mason RANR

DipAppSc, GradDipCompStud, MACS(Snr), SF Fin, MAICD

Director

Term of Office

Elected to the Board in November 2013.

Current Committee Roles

Audit Committee
Trustee of the Defence Bank Foundation

Other Positions

Relationship Manager, .au Domain Administration Limited

Trustee of Christ Church Music Foundation

Skills and experience

Peter is an experienced non-executive director, executive manager and strategy adviser with extensive experience leading strategic change in government, financial services, information technology and not-for-profit organisations. His early career was in the information technology industry followed by extensive senior management experience across technology and the retail bank business of National Australia Bank. He has had senior management experience with the Victorian Government and the Northern Territory Government in the areas of whole-of-government technology policy, cyber security and program management. He works as an executive for the policy authority and industry self-regulatory body for the .au domain name space, .au Domain Administration Limited. He has been a non-executive Director of Christ Church Grammar School and the Chair and non-executive Director of the Melbourne Anglican Foundation. He is a Trustee of Christ Church Music Foundation. He is an active Reserve Officer in the Royal Australian Navy and has deployed on maritime border protection operations.

Bruce Murphy

Bruce Murphy

BSc, MCom, PGD, CAIA, GAICD

Director

Term of Office

Initially appointed to the Board in May 2012
Most recently elected to the Board in November 2016

Current Committee Roles

Chair of Risk and Compliance Committee
Governance Committee
Remuneration Committee 
Audit Committee
Nominations Committee

Other Directorships

Insight Investment Australia

Skills and experience

Bruce started his career in the Royal Australian Navy, serving as an officer 1982-1990. He has since gained extensive financial services experience across retail banking, superannuation and funds management where his executive responsibilities have included roles in credit analysis, audit, product development and distribution.

Bruce’s Senior Management career began as a Director, Retail Distribution at Deutsche Asset Management, 2000 – 2004, then Executive Director with Macquarie Group 2004 – 2009 where he was responsible for local and global distribution of funds management products. 2009 – 2015 Bruce was Managing Director of BNY Mellon Investment Management, responsible for the Australian Investment Management Business and since then he has lead Insight Investment's business for Australia and New Zealand.

Commodore Ian Murray, RAN

Commodore Ian Murray, RAN

BA, GradDipHRM, MDefStud, MA, MBA, GAICD, CAHRI, FCILT, psc

Director

Term of Office

Elected to the Board in November 2016

Current Committee Roles

Risk and Compliance Committee

Governance Committee

Skills and experience

Commodore Ian Murray has been a Defence Bank member since 1999. With 32 years in the Australian Defence Force he continues to serve as the Deputy Commander Joint Logistics and Director General Strategic Logistics.He is the previous chairperson of Navy Canteens, providing philanthropic support to Navy personnel wherever they serve. Commodore Murray is a graduate of the Australian Defence Force Academy and the Australian Army Staff Course, and has deployed on operations to the Middle East. He holds a Bachelor of Arts, a Grad Dip in Human Resources Management, an MBA, a Master of Strategic Studies and a Master of Arts and has a Capstone Diploma from the US National Defense University. He is a Graduate of the Australian Institute of Company Directors, is a Fellow of the Chartered Institute of Logistics and Transport Australia and a Certified Professional of the Australian HR Institute.

Anne Myers

Anne Myers

MBA, AGSM, GAICD

Director

Term of Office

Appointed to the Board in November 2015

Current Committee Roles

Chair of Audit Committee 
Remuneration Committee
Risk and Compliance Committee

Other Directorships

Council Member, University of New England
Non-Executive Director, Integrated Research Limited
Advisory Board Member Token One
Non-Executive Director, United Way

Skills and experience

Anne is a finance industry executive with extensive experience spanning retail banking, insurance, funds management and superannuation. Her most recent executive roles were as Chief Operating Officer of ING DIRECT and as interim CEO for United Way. In addition to strong leadership skills, she also has a passion for digital innovation and a deep understanding of operational risk management particularly in APRA regulated environments. Her career has spanned over 30 years in the financial industry providing a sound understanding of the legislative and regulatory requirements of retail banking.
Anne also has strong expertise in digital strategy, large scale organisational change, people management and performance metrics.

Call 1800 033 139
phone
BSB 833-205