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The association has revealed its replacement for outgoing chief executive David Gill, who has stepped down after serving in the role for over 11 years.
The Commercial & Asset Finance Broking Association of Australia (CAFBA) has announced former federal government senator David Bushby as its next CEO.
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The association said Mr Bushby will commence his new role on 2 October.
He takes over the position from David Gill, who decided to step down from the position in March, after more than 11 years of service.
CAFBA said the appointment came after an intense selection process over several months, with the board finding that Mr Bushby’s experience and skills made him the best candidate to lead the association forward.
CAFBA president Matt Atkin said the association was “fortunate” to have someone of Mr Bushby’s “stature and experience” to take the helm of the organisation.
He said: “We believe David will provide the necessary leadership and direction CAFBA requires by advancing and implementing our strategic plan and by upholding the organisation’s values through ensuring that all members are compliant with its standards.”
The association said Mr Bushby brought experience from both the public and private sector, a 30-year background in the practice of law, as a company director, and in government and community relations.
He served as a federal senator for Tasmania from 2007–19 and recently was the consul-general in Chicago for the Department of Foreign Affairs and Trade.
Mr Bushby said he was looking forward to joining the association and kicking on from the good work Mr Gill had done.
He said: “CAFBA represents brokers right across the country whose sole focus is supporting the financing needs of millions of small businesses which form the backbone of our economy.
“The work CAFBA has done to ensure its members operate with the highest possible professionalism, knowledge and understanding of their clients’ needs and how to best support them, means that small businesses can take great comfort in dealing with a broker who is a CAFBA member.
“I look forward, as CEO, to working with CAFBA members to further reinforce and build on that professionalism and continue to build the value of their membership and for their client small businesses.”
Mr Aitkin said the board was confident of Mr Bushby’s ability to strengthen the association as “CAFBA pursues the professional standards scheme, continues to diversify the industry and seeks to be better in everything that we do”.
[Related: Broker heads tentatively welcome no-frills budget]
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