Therese McCarthy Hockey was appointed Executive Board Member of APRA on 31 October 2022, with responsibility for the banking sector.

Ms McCarthy Hockey joined APRA in January 2018 as the Executive General Manager: Strategy and Chief Risk Officer. In December 2019, she was made Executive Director of the Banking Division, responsible for the prudential supervision of all authorised deposit-taking institutions operating in Australia and for the functional domains of market risk, credit risk, credit analytics, liquidity risk and capital management.

Ms McCarthy Hockey’s experience spans Australia, the United Kingdom and Europe. Prior to joining APRA, she was Deutsche Bank’s Treasury Deputy Group Head and Global Chief Operating Officer based in London. Ms McCarthy Hockey has also served on the Boards of Deutsche’s UK subsidiaries including the Regulated Bank.

Ms McCarthy Hockey holds a Bachelor in Mathematics, a Bachelor in Economics and Finance, and a Master of Applied Finance degree from Macquarie University. She is also a graduate of the Australian Institute of Company Directors.

Ms McCarthy Hockey is an APRA representative of the Basel Committee on Banking Supervision and sit on the Council of Financial Regulators and Trans-Tasman Banking Council.

Dr Brad Jones is Assistant Governor (Financial System) at the Reserve Bank of Australia and Deputy Chair of the Payments System Board. He oversees the RBA’s policy work in financial stability and payments, including the future of money and geopolitical risk.

Brad is a member of the Council of Financial Regulators, the Financial Stability Board and the Basel Committee for Banking Supervision, and Chair of the RBA’s Financial Market Infrastructure Review Committee. He is a graduate member of the Australian Institute of Company Directors, a member of the Advisory Board of the Institute of Global Finance and a signatory to The Banking and Finance Oath.

Brad joined the RBA in 2018, serving as Head of International Department and then as Head of Economic Analysis Department. In the fifteen years prior to joining the RBA, Brad was a senior advisor at the International Monetary Fund in Washington D.C., held global macro research and investment responsibilities at Deutsche Bank in London and Hong Kong, and was a Fellow at the Cambridge University Judge Business School.

Kate commenced as an ASIC Commissioner for a five-year term in September 2023.

She has more than 25 years’ experience in law and regulation across financial services, markets, and corporations.

Kate joined ASIC from Treasury, where she held senior leadership positions with responsibility for data and digital economic reforms, COVID economic policy responses, small business policy and regulatory frameworks governing market conduct.

Kate previously held senior executive roles at ASIC with responsibility for corporate transactions and governance, and practised in the Sydney and New York offices of the law firm Sullivan and Cromwell.

She holds Bachelor’s degrees in Economics (Social Science) and Law from the University of Sydney, a Master of Laws from the New York University School of Law, and an Executive Master of Public Administration from the University of New South Wales.

Mr Brendan Thomas commenced his 5-year appointment as AUSTRAC Chief Executive Officer (CEO) on 29 January 2024.

As AUSTRAC CEO, Brendan leads Australia’s financial intelligence unit and anti-money laundering and counter-terrorism financing (AML/CTF) regulator.

AUSTRAC’s regulation hardens the financial sector against criminal exploitation and its intelligence provides crucial information to its national security, domestic and international law enforcement partners.

Brendan is AUSTRAC’s representative on the ACIC Board, the Serious Financial Crime Taskforce CEO Board, and the Criminal Justice and Law Enforcement Forum. In view of AUSTRAC’s role as a member of the National Intelligence Community (NIC), Brendan is also responsible for agency head-level engagement with the Office of National Intelligence and other NIC members.

Brendan is a Wiradjuri man, with significant experience in leading, designing and delivering major public services, especially in the criminal and civil justice systems in NSW, and in leading organisational reform.

Ahead of his commencement with AUSTRAC, Brendan served as a Deputy Secretary at the NSW Department of Communities and Justice, with responsibility for implementing major changes to reduce the over-representation of the Indigenous population in the NSW criminal and child protection systems. Prior to this, Brendan was the CEO of Legal Aid NSW and was formerly the Deputy Secretary at the NSW Department of Justice.

Brendan has a Bachelor of Arts from Macquarie University and is a fellow of the Australian and New Zealand School of Government.