New Chief For Members Australia Credit Union

Members Australia Credit Union, the result of a three way merger of Enterprise, Sirocredit and Outlook Credit Unions, have announced that after an extensive search they have selected a new Chief Executive Officer, Mr John Gilbert.

Those within the finance industry would be very familiar with Mr Gilbert who was previously the CEO and Director of the Victorian Financial Institutions Commission (VicFic) for the past seven years. VicFic was the regulatory body for all Victorian Non Bank Financial Institutions until the recent establishment of the new national regulatory body APRA as a result of recommendations from the Wallis Inquiry into the banking and finance sector.

Given Mr Gilbert’s extensive knowledge of the credit union industry and experience with regulating all Victorian participants, his appointment appears to be somewhat of a coup for Members Australia.