Ms Hey was previously CEO of Ericsson in the UK and in Australia. She worked with Ericsson for more than 20-years in finance, marketing, sales and leadership roles in Australia, Sweden, the UK and the Middle East.

She said she’s extremely pleased to be joining the Bank’s Board.

“When I think about Bendigo and Adelaide Bank, I think about its strong and trustworthy brand, its focus on customers, partners and communities and its ability to innovate,” Ms Hey said.

Chairman, Robert Johanson, said Ms Hey’s expertise lies within the technology, telecommunications, sales and marketing spheres – key drivers in the future success of any bank.

“Jacquie complements the existing skills and experiences of our directors and brings with her a very distinctive background,” Mr Johanson said.

Ms Hey added, “Coming from outside the banking and finance industry allows me to bring a different perspective to Board discussions, particularly around technology and how customers interact with it, how the bank can use technology to connect with its customers and how it can help customers in the future.”
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Mr Johanson said Ms Hey’s appointment brings the number of women on the Bank’s board to three. “Gender is one of a number of important criteria we look at to ensure the board has a wide experience in dealing with its business,” he said.
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Ms Hey commented, “I’ve been lucky enough to work with companies and people that have treated me fairly and with respect, and have evaluated me on my merits throughout my career. This is very important to me and I’m happy to have found it in Australia with Bendigo and Adelaide Bank.”
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Ms Hey will join the Bank’s Audit, Risk and Change Framework and Technology Governance Committees. She is the Honorary Consul of Sweden for Victoria and was appointed to the Board of the Special Broadcasting Service (SBS) last week.

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The new generation of directors includes other GenXt leaders, Adam Smith from Western Australia who takes up the post of National Deputy President and Michael Nowak from Queensland who takes on the role of Queensland Director. Other directors include Kevin Richardson, TAS Director; David Sutherland, SA/NT Director and Kenn Williams, WA Director. Three previous directors – Dennis Bateman, National Treasurer, Esther Althaus, VIC Director and Marc Bineman, NSW/ACT Director remain on the Board in their current roles.

Mr Fox said it was an honour and a privilege to be elected National President. “I know I can count on my fellow directors and also on the wisdom and experience of previous directors to help me in the role,” he said.

Mr Fox also paid tribute to outgoing board members and former National President, Jim Taggart. “The previous board worked enormously hard and Jim has been a dedicated and passionate president,” he said. “We have very big shoes to fill.”

In his first address to members, Mr Fox said the industry is facing mammoth changes over the next 18 months and if advisers want a say in how the future will look, they need to throw their support behind the AFA.

“If we were told by Joe Hockey that the only voice we have is our own, then we have to have bigger, louder voices,” he said. “We will win the battle for the hearts and minds of consumers but only if we are prepared to fight that battle.”

Brad Fox is a financial adviser operating his own practice, Foxes Wealth, in Victoria.

AFA Board Members – 2010-2012

Brad Fox, VIC – National President

Adam Smith, WA – National Deputy President

Dennis Bateman, QLD – National Treasurer (returning)

Marc Bineham, NSW – NSW/ACT Director (returning)

Michael Novak, QLD – QLD Director

Esther Althaus, VIC – VIC Director (returning)

Kevin Richardson, TAS – TAS Director

David Sutherland, SA – SA/NT Director

Kenn Williams, WA – WA Director

Richard Klipin, NSW – CEO

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