David Murray (CEO)
Encyclopedia
David Murray AO is an Australian businessman who was the Chief Executive Officer of the Commonwealth Bank for 13 years until his resignation in 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, 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.
He is currently Chairman of the Australian Federal Government's Future Fund Board of Directors.
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
.
Murray is an Ambassador of the Australian Indigenous Education Foundation.
He is currently Chairman of the Australian Federal Government's Future Fund Board of Directors.
Murray holds a Bachelor of Business from the NSW Institute of Technology and a Master of Business Administration
Master of Business Administration
The Master of Business Administration is a :master's degree in business administration, which attracts people from a wide range of academic disciplines. The MBA designation originated in the United States, emerging from the late 19th century as the country industrialized and companies sought out...
, commenced at Macquarie University
Macquarie University
Macquarie University is an Australian public teaching and research university located in Sydney, with its main campus situated in 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...
and completed at the International Management Institute, Geneva
Geneva
Geneva In the national languages of Switzerland the city is known as Genf , Ginevra and Genevra is the second-most-populous city in Switzerland and is the most populous city of Romandie, the French-speaking part of Switzerland...
. He holds an honorary PhD
PHD
PHD may refer to:*Ph.D., a doctorate of philosophy*Ph.D. , a 1980s British group*PHD finger, a protein sequence*PHD Mountain Software, an outdoor clothing and equipment company*PhD Docbook renderer, an XML renderer...
from Macquarie University and is a Fellow of the University of Technology, Sydney
University of Technology, Sydney
The University of Technology Sydney is a university in Sydney, New South Wales, Australia. The university was founded in its current form in 1981, although its origins trace back to the 1870s. UTS is notable for its central location as the only university with its main campuses within the Sydney CBD...
. He is an old boy of St Aloysius' College, Sydney
Sydney
Sydney is the most populous city in Australia and the state capital of New South Wales. Sydney is located on Australia's south-east coast of the Tasman Sea. As of June 2010, the greater metropolitan area had an approximate population of 4.6 million people...
.
Murray is an Ambassador of the Australian Indigenous Education Foundation.