Credit union CEO stepping down

Chairman praises the “unrivalled” passion and drive he brought to the role

Credit union CEO stepping down

News

By Madison Utley

The CEO of Australia’s largest credit union has announced he is stepping down from the post.

Rob Goudswaard, acting CEO of CUA since February 2015, has decided not to extend his five-year contract. However, he will continue to act in the role until a successor is located, whether internally or externally.

CUA chairman Nigel Ampherlaw said, “Rob will be leaving CUA in a much better place than when he joined us. [He] has led CUA through a transformative period of member growth, digital innovation and industry change, which has strengthened the mutual sector.”

After having spent nearly five years in Brisbane, Rob is “looking to pursue new opportunities that will allow him to spend more time closer to his home base of Melbourne.”

Last year, Goudswaard was named CEO Magazine’s Financial Services Executive of the Year.

According to Ampherlaw, Goudswaard was integral to building “the trust that will enable [CUA] to continue to challenge other larger banks into the future.”

During his time at CUA, member growth swelled above 490,000 and new benchmarks in lending were reached, with more than $13bn in loans under management.

CUA will release additional information regarding the timeframe for Goudswaard’s departure and the appointment of his successor in the coming months.

“I’d like to personally acknowledge and thank Rob for his commitment to CUA and for his support of the board. His drive and passion for providing the best possible member experience, and his ambition to position CUA for the future, are unrivalled,” Ampherlaw concluded.

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