BCCM announces new board and chairperson for 2018

10 November 2017

The Business Council of Co-operatives and Mutuals (BCCM) is delighted to welcome new directors to its board, and announce a new chairperson from the current directors.

The BCCM Chairperson for 2018 is RAC WA CEO Terry Agnew.

The new directors on the BCCM board are:

• HCF CEO Sheena Jack
• CUA CEO Rob Goudswaard
• National Health Co-operative CEO Adrian Watts

BCCM CEO Melina Morrison said the new additions to the board are a great win for the co-op sector. “To have board members of this calibre is perfect timing considering what 2018 now holds thanks to the Hammond Review’s advice to improve our access to capital.

“At a time when our 2100 member organisations can finally plan for the future by expanding services, or pursuing new opportunities, our board has first-rate experience in the areas of finance, mutuality, business transformation, health and agricultural investment.

“We would like to take this opportunity to thank our retiring director, Stephen Nash as well as our Chairman Andrew Crane who will be retiring soon.”

Terry Agnew (BE, MSc, MBA, FAICD, FAIM, Senior F Fin, MAIE)

A founding BCCM member, Terry Agnew first served as a director in 2015. Since 1998 he has been the CEO of RAC WA, a member-owned business covering motoring, insurance, finance, travel, tourism, retirement and home services, with revenue exceeding $640 million and assets of $1.6 billion.

“I am honoured to accept the position of chairperson of the BCCM board, especially during this exciting time of change for our sector,” said Mr Agnew.

Mr Agnew is a director of Australian Motoring Services (including subsidiaries), the Australian Automobile Association (AAA), Edge Employment Solutions, MDA National Insurance and RAA Insurance, and various other directorships including the West Coast Eagles Football Club and the Insurance Commission of WA. Mr Agnew was West Australian State President of Committee for the Economic Development of Australia (CEDA) from 2001-2003 and AIM National President from 2008–2010. Since 2008, he has been the Chair of the Curtin Business School Advisory Council.

Sheena Jack, BA (Ace), CA, GAICD

Prior to Sheena Jack’s appointment as HCF CEO in August 2017, she was their CFO responsible for the acquisition of Manchester Unity, and Chief Strategy Officer from early 2014. Ms Jack developed HCF’s 2020 Strategy and the creation of HCF Catalyst, Australia’s first corporate-backed accelerator for health-tech start-ups. Ms Jack has worked in corporate finance in health and life insurance, banking, superannuation, wealth management and business transformation. As IAG Financial Services CFO, she was key to creating ClearView and its subsequent business integration after MBF purchased it.

Ms Jack is also a non-executive director of ASX-listed medical device company Uscom.

HCF is a founding member of the BCCM and Australia’s largest not-for-profit health fund, with significant health services research via the HCF Research Foundation.

“I am so excited to join the BCCM board,” said Ms Jack. “Not-for-profits that keep members at the heart of the business mirrors HCF’s determination to improve patient outcomes using new technologies and business models that help us better meet our customers’ needs.”

Rob Goudswaard B.Ec, GradDip CorpFin, FFIN, FAICD

In 2015, Rob Goudswaard was appointed CEO of CUA, Australia’s largest member-owned provider of financial, health and insurance solutions to its 500 000 members. He is an Executive Director of Credicorp Insurance Pty Ltd, CUA Health Ltd and CUA Management Pty Ltd and Chairman of Credicorp Finance Pty Ltd.

“I’ve found as CEO of a mutual, you have a real opportunity to work closely with its board,” said Mr Goudswaard. “I am very much looking forward to being part of the BCCM board, working proactively with the Federal Government, ASIC, APRA and COBA on the Hammond recommendations.”

With 37 years of banking and finance experience, Mr Goudswaard was Rural Finance Corporation of Victoria CEO, Chairman of the Young Farmer’s Finance Council, and spent 30 years at ANZ, in roles including Chief Risk Officer, Regional and Rural MD, General Manager Pacific & Personal Banking Asia and COO of SMEs Australia & New Zealand.

Mr Goudswaard is also a Director of Cuscal Ltd and a former Director of World Vision Australia, 2008-2017.

Adrian Watts BActSt, BCom, GAICD, CA

A director of the National Health Co-operative since 2010, CEO Adrian Watts also works with the Central Land Council on its independent audit committee.

“To serve on the BCCM board as a director is an incredible opportunity,” said Mr Watts. “I see healthcare as essential to building communities and am determined to ensure that affordable and accessible healthcare services are provided for all Australians.”

Mr Watts is a graduate member of the Australian Institute of Company Directors and Harvard Business School’s Program for Leadership Development. He is also a chartered accountant with degrees in Commerce and Actuarial Studies from ANU.