3 Jun 2008

Board Changes

It is with regret that we advise that Hon Mike Ahern has retired as Chairman and Director of Indue (and related activities). Indue would like to thank Mike for his 16 years service to Indue and the Credit Union industry in general. We will be holding a Testimonial Dinner for him on Tuesday 29 July at Hyatt Sanctuary Cove (further details to follow).

Deputy Chairman Mr Graeme Thompson has been appointed to the role of Chairman.

Graeme Thompson was appointed to the Board in 2006. Prior to this appointment he was the CEO of the Australian Prudential Regulation Authority (APRA) and member of the Payments System Board from 1998 to 2003. He has held a number of senior positions at the Reserve Bank, including Deputy Governor with responsibility for banking supervision and payments system policy and Assistant Governor (Finanical Institutions).