APRA leader wins public service medal

APRA leader wins public service medal | Insurance Business

APRA leader wins public service medal

John Lonsdale, APRA deputy chair, has been awarded the public service medal in the Australia Day Honours List.

Lonsdale was recognised for helping improve the stability, efficiency, and competitiveness of Australia's financial system and increasing the robustness of Australia's foreign investment framework during his 30-year career at the Australian Treasury.

Lonsdale’s notable achievements include his leadership in the development of the Competitive and Sustainable Banking System reform package in 2010, his work as head of the secretariat to the financial system inquiry in 2014, and his crucial role in the creation of the Critical Infrastructure Centre (CIC).

“We congratulate John on receiving the public service medal, which is well-deserved recognition of John's career-long contribution to the Australian community through his work in financial system and foreign investment oversight and reform in his three decades at Treasury,” said Wayne Byres, APRA chairman. "John is clearly a thought leader in relation to the structure and well-being of the financial system, and we are fortunate to have someone of his calibre continuing to serve the Australian community in his role as APRA deputy chair.”