David Murray AO | |
|---|---|
 David Murray in 2008 | |
| Born | 27 April 1949 |
| Nationality | Australian |
| Education | St Aloysius' College, Sydney |
David Victor Murray AO (born c. 1949), an Australian businessman, was the inaugural Chairman of the Australian Government Future Fund Board of Guardians, serving between 2006 and 2012, [1] and Chair of the International Forum of Sovereign Wealth Funds.
Prior to his appointment to the Future Fund, Murray was the Chief Executive Officer of the Commonwealth Bank between 1992 and 2005. In Murray's 13 years as Chief Executive, the Commonwealth Bank transformed from a partly privatised bank with a market capitalisation of $6 billion in 1992 to a $49 billion integrated financial services company, [2] generating in the process total shareholder returns (including gross dividend reinvestment) at a compound annual growth rate of over 24 per cent, one of the highest total returns of any major bank in Australia. [3]
Murray holds a Bachelor of Business from the NSW Institute of Technology and a Master of Business Administration, commenced at Macquarie University and completed at the International Management Institute, Geneva. He holds an honorary PhD from Macquarie University and is a Fellow of the University of Technology, Sydney. He is an old boy of St Aloysius' College, Sydney.
In 2007 Murray was appointed an Officer of the Order of Australia for service to the finance sector nationally and internationally through strategic leadership and policy development, to education, particularly fostering relations between educational institutions and business and industry, and to the community as a supporter of and fundraiser for cultural and church organisations. [4]
Murray has made public comments on attempts to mitigate climate change. [5] [6] [7] [8] Against a backdrop of increasingly severe 2013 bush fires, he slandered an Australian group of scientists who he said lacked any "integrity" after they attributed the disasters to increased carbon emissions. This prompted the Australian Meteorological and Oceanographic Society to publicly declare they were "disturbed" by his statements. [9]
Murray led a push against the Australian Stock Exchange in 2019 for companies to have a social licence included in their Corporate Governance Guidelines, labelling the proposal "politically correct nonsense". [10]
In 2018, Murray was appointed chairman of AMP Limited, resigning in August 2020 as a consequence of calls for his resignation from shareholders and political pressure due to the board's handling of staff allegations of harassment. [11] [12] [13]
As of 2019, Murray is chair of The Butterfly Foundation [14] a registered charity helping people with eating disorders.
Macquarie University is a public research university based in Sydney, Australia, in the suburb of Macquarie Park. Founded in 1964 by the New South Wales Government, it was the third university to be established in the metropolitan area of Sydney.
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The Commonwealth Bank of Australia (CBA), or CommBank, is an Australian multinational bank with businesses across New Zealand, Asia, the United States and the United Kingdom. It provides a variety of financial services including retail, business and institutional banking, funds management, superannuation, insurance, investment and broking services. The Commonwealth Bank is the largest Australian listed company on the Australian Securities Exchange as of August 2015 with brands including Bankwest, Colonial First State Investments, ASB Bank, Commonwealth Securities (CommSec) and Commonwealth Insurance (CommInsure).
Macquarie Centre is a shopping centre in the suburb of Macquarie Park on the North Shore of Sydney and is located opposite the main campus of Macquarie University.
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The Future Fund is an independently managed sovereign wealth fund established in 2006 to strengthen the Australian Government's long-term financial position by making provision for unfunded superannuation liabilities for politicians and other public servants that will become payable during a period when an ageing population is likely to place significant pressure on the Commonwealth's finances. In 2021 the fund had US$143.7 billion in assets under management.
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Maurice Lionel Newman AC is an Australian businessman who has served in a range of public roles, including as Chairperson of the Australian Broadcasting Corporation, chair of the board of the Australian Stock Exchange, Chancellor of Macquarie University, and a member of the Prime Minister's Business Advisory Council from September 2013 to September 2015. His political views are generally considered conservative and he has been frequently described as a conspiracy theorist in the Australian media.
Macquarie Group Limited is an Australian global financial services group. Headquartered and listed in Australia, Macquarie employs more than 17,000 staff in 33 markets, is the world's largest infrastructure asset manager and Australia's top ranked mergers and acquisitions adviser, with more than A$737 billion in assets under management.
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Catherine Brighid Livingstone,, is an Australian businesswoman who has held positions in the Commonwealth Bank of Australia, CSIRO, Macquarie Bank and Telstra.
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