Good Shepherd Microfinance Appoints Inaugural CEO
Wednesday, 18th April 2012 at 10:21 am
Good Shepherd Microfinance has appointed Adam Mooney as inaugural Chief Executive Officer of one of Australia’s largest microfinance schemes.
Good Shepherd Microfinance is a national community organisation working to help Australians on low income overcome poverty and hardship through the innovative delivery of microfinance solutions. It was was established as a new independent agency in 2011.
Dr Rhonda Cumberland, Chief Executive Officer of Good Shepherd Australia New Zealand, said that Mooney’s background in microfinance, banking and social justice would help take the organisation to a new level.
Mooney comes to Good Shepherd Microfinance from Reconciliation Australia (RA) where he performed several roles, including acting CEO and Director of Business Development. His primary position at RA for over three years was Director of Reconciliation Action Plans, RA's primary program.
He was with the ANZ Banking Group from 1996 to 2008, where he held senior positions including CFO of ANZ's biggest business unit and from 2005 – 2008 he was head of Community Development Finance.
‘In addition to Mr Mooney’s commercial background he has pursued a strong interest in international development and microfinance,’ Dr Cumberland said.
He is a director of Foresters Community Finance in Australia, past co-chair of the Indigenous Financial Services Network. From 2003 to 2005 he worked with the development agency Concern Cambodia and helped establish what is now Cambodia's largest financially sustainable microfinance institution. He has a Masters in International Development, a Masters in Applied Finance and is an Australian CPA.
Established over 30 years ago by the Sister of Good Shepherd, the organisation has a respected history of advocacy and delivery and coordination of microfinance across Australia.
Its collaboration with more than 220 accredited community organisations has assisted more than 30,000 Australians excluded from mainstream banking access loans and savings. Its programs enjoy a borrower default rate of less than five percent.