Board of Directors

Peter MacCuspie Web

Peter MacCuspie, Non-Executive Chairman

Peter MacCuspie has been a Director of CBHS since November 2015 and was appointed as Chairman in March 2018.

Mr MacCuspie is a professional Non-Executive Director. He has over twenty years of experience in a variety of roles. He was a Director of Big Sky Credit Union / Building Society for twelve years that saw the business, through mergers and targeted growth, expand member capital over 15 times. He has experience in a wide range of Governance settings including Charities through the MedicAlert Foundation and Agribusiness, for over seven years with Dodgshun Medlin. His current roles encompass technology through the open source IT business Strategic Data. He is also the Chair of Club Assist an automotive services company of 2,500 staff providing services and resources to Automotive clubs through Australia, NZ and North America. He has recently joined the Boards of Club Assist joint venture companies in Auckland (AA Battery Services) and Toronto (Integrated Road Services).

He mentors a range of senior executives and enjoys spending time with his three children, cooking, writing and discussing poetry.

Mr MacCuspie has a Bachelor of Science (Hons), a Graduate Diploma of Management and is a Fellow of the Australian Institute of Company Directors.

John Matthews, Non-Executive Deputy Chairman

Mr Matthews has been a member of CBHS since 1964, a Director since September 2008 and was elected Deputy Chairman on 5th November 2015. He is Chairman of the HR Strategy & Governance Committee (formerly known as the People and Remuneration Committee). Mr Matthews retired from the Bank in 2004 after a career of 40 years, during which time he held senior executive positions in Australia and overseas. He has extensive experience in treasury management and human resources.

Mr Matthews is a Director, Chair of the Investment Committee and member of the Nominations and HR Committee of The Frank Whiddon Masonic Homes of New South Wales, Director of Frank Whiddon Nominees Pty Ltd and Director & Treasurer of the Frank Whiddon Masonic Homes Foundation Ltd. He is also a member of the Finance Committee for the United Grand Lodge of NSW & ACT.

Mr Matthews has a Bachelor of Economics degree, is a graduate of the International Advanced Management Programme (IMI Geneva), is a Senior Fellow of the Financial Services Institute of Australasia and a member of the Australian Institute of Company Directors.

Marielle Latour, Non-Executive Independent Director

Ms Latour has been a Director since May 2010, is Chairman of the Audit and Risk Committee and has also been a member of the HR Strategy and Governance and Asset and Liability Committees. Ms Latour is also a Director of CBHS’ subsidiary company, CBHS Corporate.

With over 30 years’ experience in financial services Ms Latour’s professional experience is in consulting, marketing and distribution, strategy, stakeholder management and managing businesses, all gained holding senior executive positions at Commonwealth Bank, Colonial Group, TAL and numerous consulting assignments.

Ms Latour is a former Director of My Credit Union Limited, that through a merger, increased member value and provided enhanced products and services. She was also a member of the Audit and Risk Committees.

Ms Latour holds an Executive MBA, a Bachelor of Economics and is a graduate of the Australian Institute of Company Directors.

Fintan Thornton, Non-Executive Independent Director

Fintan Thornton, Non-Executive Independent Director

Mr Thornton was appointed to the Board in November 2012. He is the Chairman of the Asset & Liability Committee and is a member of the Audit & Risk Committee. Mr Thornton has over 18 years’ financial services experience. Mr Thornton’s current role is Head of Superannuation in Colonial First State’s Distribution team.

Mr Thornton has previously been Head of Strategy & Implementation in Colonial First State’s Distribution team. He was previously the Head of Employee Superannuation at the Commonwealth Bank. Prior to joining the Commonwealth Bank, Mr Thornton worked as a consulting actuary for Towers Watson and Russell Investments. Mr Thornton’s consulting experience is predominantly in superannuation (including complex defined benefit arrangements) where he advised companies and superannuation funds on asset/liability matters (ie investments), risk management, communications, governance and strategy development. Amongst other appointments, Mr Thornton was actuary to Qantas Airways, the Reserve Bank of Australia and the NZ Government.

Mr Thornton holds a Bachelor of Actuarial Mathematics and Statistics degree, is a Fellow of the UK and Australian Actuaries Institutes and is a Graduate of the Australian Institute of Company Directors.

Jay MacGregor

Jay MacGregor, Non-Executive Independent Director

Mr MacGregor was appointed to the Board in May 2016 and is a member of the Audit and Asset and Liability and Risk Committees.

Mr MacGregor has over 20 years' experience in financial markets in Australia and London. Most recently, Jay was Managing Director, Institutional Equities for the Institutional Banking & Markets division of the Commonwealth Bank of Australia where he was responsible for the Bank's Equity Capital Markets, wholesale equities and equity trading activities. Prior to this, Mr MacGregor held senior roles at UBS Investment Bank in equity distribution where he advised some of Australia's and Europe's leading fund managers and hedge funds, and in Citi Global Markets Australia's Capital Markets Origination team where he led equity capital raising transactions for some of Australia's leading companies. Mr MacGregor is currently a director for Renew Power Group Pt Limited.

Mr MacGregor holds Bachelor degrees in Law and Commerce and a Masters degree in Finance from the University of NSW.

Adrian Hondros

Adrian Hondros, Non-Executive Independent Director

Mr Hondros was appointed to the Board in June 2017. He is a member of the HR Strategy & Governance Committee.

Mr Hondros has over 30 years’ financial services experience. Mr Hondros is currently the Chief Executive Officer of Porter Davis, a volume builder of homes in Victoria and Queensland. Previously Mr Hondros was the Executive General Manager of Commonwealth Private Bank, CEO of St Andrew’s Australia and Executive General Manager of NAB Private Bank.

Mr Hondros has been a Director of several financial services organisations, including Director of Commonwealth Private Limited, Chair of Commonwealth Private Limited and Trustee Director of Commonwealth Bank’s Group Super Board (and was Chair of its Investment Committee).

Mr Hondros holds a Bachelor of Commerce, Graduate Diploma in Professional Accounting, Graduate Diploma of Applied Finance, Diploma in Life Insurance and is an alumni of INSEAD’S Advanced Management Program.

Nicolette Rubinsztein

Nicolette Rubinsztein, Non-Executive Independent Director

Nicolette Rubinsztein was appointed to the Board of CBHS in March 2018 and is a member of HR Strategy & Governance Committee.

Ms Rubinsztein is currently a non-executive director at One Path Insurance, One Path General Insurance, SuperEd, UniSuper, Class Ltd and is Senior Vice President of the Actuaries Institute. She has previously held senior positions at Colonial First State, BT Funds Management and Towers Perrin.

A qualified actuary, Ms Rubinsztein holds an executive MBA from the Australian Graduate School of Management and is a graduate of the Australian Institute of Company Directors.

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Andrew Smith, BCom, MBA, FAICD, CA, Group Chief Executive Officer & Executive Director

Mr Andrew Smith was appointed as an Executive Director of CBHS on 3rd November 2016. Mr. Smith commenced with CBHS in March 2016 as the Group Chief Executive Officer. Mr Smith was appointed a Director of CBHS’ subsidiary company, CBHS Corporate in March 2018.

Previously, Mr. Smith was the CEO and Managing Director of InvoCare Limited. During his almost ten years at InvoCare, Mr. Smith took great pride in leading a wonderful group of employees who were widely recognised for delivering outstanding customer service. Prior to InvoCare, Mr. Smith held a number of senior executive positions for over 10 years in retail and FMCG industries.

Mr. Smith is a Non-Executive Director of Members Health Fund Alliance, the organisation representing the not-for-profit, member-owned, regional and community based health fund sector. He was a Non-Executive Director of Private Healthcare Australia (PHA) in 2016 and 2017 and is the current Chair of PHA’s Audit Committee. Mr. Smith is also a Non-Executive Advisory Board member of AFEA Pty Limited, a provider of compassionate, experienced and qualified care staff specialising in responsive home care services.

Mr. Smith holds a Bachelor of Commerce and a Master of Business Administration. He is a member of the Institute of Chartered Accountants Australia & New Zealand and is a Fellow of the Australian Institute of Company Directors.