BCCM names its 2025 Honour Roll Inductees

24 October 2025

Six outstanding leaders of Australian co-operatives and mutuals have been added to the BCCM Honour Roll for 2025, with this year’s recipients coming from banking, financial services and health insurance.

Together they represent the breadth of the sector and the wide-ranging impact that co-operatives and mutuals have across Australia.

The Business Council of Co-operatives and Mutuals recognises the exceptional leadership of:

• John Minz, Director, RACQ
• Craig Dunstan, Chair, Futurity Investment Group Limited
• Roger Sexton AM, Chairman, Keyinvest
• Graeme Willis, retired Deputy Chair, Bank First
• Sheena Jack, former CEO, HCF
• Rohan Mead, Group Managing Director & CEO, Australian Unity

The honours were conferred at an event to mark the BCCM’s annual Leaders’ Summit in Adelaide last night.

BCCM CEO Melina Morrison said: “The Honour Roll is the ultimate mark of respect within the co-operative and mutual sector, reflecting the outstanding contribution made by the inductees over many years of service to their respective organisations and to the broader movement.”

“Our 2025 recipients are tremendous exemplars of the core values that lie at the heart of co-operatives and mutuals. Resilience, compassion and integrity are the hallmarks of leadership across our sector, and these attributes are always in mind as our leaders work to serve the interests of their members.

“It is particularly gratifying in this International Year of Co-operatives, to welcome six more exceptional candidates who have dedicated themselves tirelessly over the course of many years to the growth and sustainability of our sector.

RACQ director and former Heritage Bank CEO, John Minz, has been a visionary leader in the mutual sector over more than two decades.

“As CEO of Heritage, John transformed a regional building society into Australia’s largest customer-owned bank — pioneering digital innovation,” Ms Morrison said. “John oversaw one of the first end-to-end automated loan processing systems in the sector, introduced securitisation funding, and championed community branch partnerships that reinvested profits directly into regional towns living the People First philosophy that still defines the movement today.”

Retiring chair of Futurity Investment Group, Craig Dunstan has been a leading figure in the mutual sector for more than 30 years, guiding Futurity through transformation, innovation, and growth.

“Under Craig’s leadership, Futurity became a modern, purpose-driven mutual with over 46,000 members and over $1 billion under management,” Ms Morrison said.

“Craig has also championed education through the creation of the Education Bond, the Futurity Education Foundation, and the National Excellence in Teaching Awards, recognising over 1,100 teachers.

Dr Roger Sexton has devoted more than forty years to the co-operative and mutual sector, a principled leader whose influence spans from the early transformation of IOOF South Australia to the modernisation of KeyInvest.

“Roger’s contribution began in the 1980s through his advisory work with some of Australia’s most iconic co-operatives – the Riverland Cannery Co-operative, Berri Fruit Juice Co-operative, and Mitre 10 Co-operative – where he provided financial and strategic guidance to help these organisations adapt to rapidly changing markets,” Ms Morrison said

“As Chairman of KeyInvest for 23 years, Roger guided rebranding KeyInvest to reflect a modern, member-focused identity, governance renewal, and strategic investments that strengthened KeyInvest for the future – always putting members first.”

Recently retired deputy chair of Bank First, Graeme Willis, has devoted more than 40 years to banking and the mutual sector, serving on the boards of Bank First, RACV and Australian Settlements Limited.

“At Bank First, Graeme strengthened risk governance, guided major transformation, and helped appoint the bank’s first female CEO — all while championing a member-first strategy for teachers and nurses,” Ms Morrison said. “He helped champion a strategy anchored in mutual purpose — to serve those who serve others in education and healthcare — focusing on difference and member value rather than scale for its own sake”.

Over nearly two decades of leadership, Sheena Jack has led HCF, Australia’s largest not for profit health fund, through remarkable transformation. As CEO, since 2017, Sheena has grown HCF’s membership from 1.6 million to more than 2 million, achieving record member satisfaction, and delivering Australia’s first on-demand insurance product.

She oversaw the largest technology renewal in HCF’s history, returned record benefits to members, and guided over $536 million in pandemic support. She advanced transparency in healthcare by partnering with Healthshare to introduce the Hospital and Medical Cost Indicator, giving Australians clear information about medical costs and setting a new benchmark for informed choice.

“Sheena has been a strong advocate for research and evidence-based care,” Ms Morrison said. “Under her leadership, the HCF Research Foundation has invested more than $35 million in 160 projects, improving health outcomes for Australians and reinforcing HCF’s purpose beyond insurance”.

Our final inductee for the year is Rohan Mead, retiring Group Managing Director and CEO of Australian Unity.

After more than two decades of distinguished service, Rohan will retire later this year, leaving behind a legacy that has profoundly shaped both Australian Unity and the entire co-operative and mutual sector.

He has transformed Australia’s oldest mutual from a health insurer into a purpose-driven wellbeing company serving more than 375,000 members and 750,000 customers.

Under his stewardship, Australian Unity’s revenue has grown from $400 million in 2004 to more than $2.6 billion in 2025, He guided the organisation safely through the Global Financial Crisis, the COVID-19 pandemic, and major natural disasters, always keeping the wellbeing of members, customers and employees at the centre of every decision.

Furthermore, Rohan has been a driving force behind some of the most important reforms in the modern history of the mutual sector. As director and Chair of the BCCM, he championed legislative change to allow mutuals to raise capital without demutualising.

His persistence and advocacy led to the passage of the Mutual Capital Instruments legislation in 2019, and in 2020 Australian Unity became the first mutual in Australia to issue MCIs, raising $120 million — a milestone that fundamentally changed the sector’s access to capital.

He also oversaw the launch of Australia’s first simple corporate bond in 2015, and under his guidance Australian Unity became a trusted name in capital markets — opening the door for other mutuals to follow.

Rohan has championed innovation in wellbeing measurement and social impact. The Australian Unity Wellbeing Index, now 25 years old, remains the country’s most enduring measure of national wellbeing. He introduced the Community and Social Value framework, quantifying the positive social contribution of mutual enterprises and in 2025, Australian Unity received Mutual Value Accreditation from BCCM, commended for integrating social and financial impact into its core strategy.

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