A.M.R. (Mike) Aynsley

Mike Aynsley, senior financial services consultant, has both industry and professional services experience - with strong general management and specialised management skills developed over a 25 year career, including:

• a deep understanding of banking and investment banking, specialised in debt capital markets, risk management, asset & liability management and broader balance sheet & capital management areas;
• a solid track record of managing, building and re-structuring businesses and business units to achieve world class performance;
• strong management and influencing skills, capable of dealing with clients, business and functional management at all levels; and
• ongoing professional development activity focusing on deepening capabilities in relevant areas of finance, organisational sustainability and strategic management.

Education

• Master of Business Administration (MBA) – Macquarie University, Graduate School of Management
• Professional Post Graduate Diploma in Management – Macquarie University, Graduate School of Management
• Graduate Diploma - Australian Institute of Company Directors Course
• High School - Barker College, Hornsby

Accreditations / Associations

• Fellow – Australian Institute of Management
• Member – Global Association of Risk Professionals
• Member – International Association of Financial Engineers

Relevant experience

Michael Aynsley entered the banking industry immediately after leaving High School. Working with Banque Nationale de Paris Bank Treasury in Sydney from 1978 to 1981 provided his initial training in Treasury management, operations, dealing in cash and short term securities. With deregulation of the Australian banking industry, he joined Amsterdam Rotterdam Bank NV Financial Markets Division in Sydney from 1981 to 1983 - becoming a Senior Manager in the team hired to establish the domestic merchant bank – including management of onshore and offshore funding, short term debt securities trading and establishment parent debt funding facilities.

In 1983, Mike joined Security Pacific National Bank, later acquired by Bank of America, in a number of Global Roles based in Sydney, Melbourne, Tokyo and London over an eight-year period from 1983 to 1991. Starting as Deputy General Manager, Sydney & Melbourne, Mike established and managed the Melbourne branch of Security Pacific and established the first derivatives capability of the Bank globally. This was followed by international postings including Vice President & General Manager, Tokyo – where Mike established the Asian hub of the global capital markets business of the global merchant bank; and Executive Director, London – where he re-structured and down-sized the European debt capital markets business for the bank.

Mike returned to Australia to become Deputy Managing Director - managing the re-structuring and downsizing of the Australian merchant bank across all divisions (Financial Markets, Corporate Lending, Structured Finance, Leasing) as part of Security Pacific's sale to Bank of America.

From 1992 to 1998, Mike was General Manager, Global Wholesale Financial Services for the National Australia Bank, during which period he:

• was directly responsible for the strategic formation of the Global Wholesale Financial Services division of the Bank (now NAB Capital);
• was directly responsible for the formation and management of the Global Financial Markets Division – re-engineering and staffing of the global business, development and implementation of the global strategy and ongoing management of trading, sales, and distribution activities;
• established the Group Treasury division of the Bank including re-structuring of the Asset & Liability Management unit, Group Structural Funding, Balance Sheet / Capital Management functions, establishment of the group’s market risk management capabilities including implementation of Basle I compliance framework, group financial markets support infrastructure, with regular Executive and Board reporting responsibilities; and
• was a Member of numerous risk management and governance committees of the Bank at enterprise level.
  

Mike left NAB to become a Deloitte Consulting Global Partner in Banking & Financial Services from 1999 to 2003 - during which period he established and led the development of the regional Wholesale / Institutional Banking practice for Asia Pacific region servicing large regional and major domestic financial institutions, focusing on corporate, business and wealth management segments. He was a regional mentor and advisor in the development of Deloitte Consulting's enterprise risk management, Basle II regulatory compliance framework and implementation methodology and toolset; a Member of the global financial services leadership committee; and built and managed a team of specialised financial services operatives covering a diverse range of areas including, business strategy, sales, marketing, distribution, finance, risk and technology.

Mike subsequently held roles as a Senior Executive for the Australian & New Zealand Banking Group, including in various strategic and risk related areas of the Institutional Bank. He served as Chief Risk Officer for the ANZ Bank (NZ) and the National Bank of NZ – travelling routinely between Sydney, Melbourne and  Wellington, NZ. In this period he was responsible for all Risk activities in New Zealand across ANZ (NZ) and the National Bank of New Zealand, reporting to the CEO, Group CRO and the ANZNB Board Risk Management Committee. He established a team of approximately 150 risk professionals through the Integration, re-structuring and development of risk teams in both banks, covering Traded and non-Traded Market Risk, Operational & Technology Risk, Retail and Corporate Credit Risk, Compliance, Integration Risk, Basel II; defined and implemented an Enterprise Risk governance model including Group aligned risk frameworks and policies, Executive, Group and Board Risk Management Committee reporting structure and work plan; and established strategic development plans for each risk discipline.

After leaving the ANZ Bank, Mike focused on completing two formal courses. Firstly, the flag-ship Directors course of the Australian Institute of Company Directors - completed in June 2006. Secondly a Full-Time MBA program at Macquarie University’s graduate school of management – completed in September 2007 with a Distinction level average and a grade point average of 3.56. Major streams pursued were Finance, Organisational Sustainability and Strategy. Mike also undertook a number of consulting assignments over this period and is now back consulting full time.