David Murray (CEO)

David Murray in 2008

David Murray AO is an Australian businessman who was the Chief Executive Officer of the Commonwealth Bank for 13 years until his resignation in 2005. In Murray’s 13 years as Chief Executive, the Commonwealth Bank transformed from a partly privatised bank with a market capitalisation of $6 billion in 1992 to a $49 billion integrated financial services company, generating in the process total shareholder returns (including gross dividend reinvestment) at a compound annual growth rate of over 24 per cent, one of the highest total returns of any major bank in Australia.

He is currently Chairman of the Australian Federal Government's Future Fund Board of Directors.^[1]

Murray holds a Bachelor of Business from the NSW Institute of Technology and a Master of Business Administration, commenced at Macquarie University and completed at the International Management Institute, Geneva. He holds an honorary PhD from Macquarie University and is a Fellow of the University of Technology, Sydney.^[2] He is an old boy of St Aloysius' College, Sydney.

Murray is an Ambassador of the Australian Indigenous Education Foundation.

Footnotes

1. ^ Treasurer Press Release
2. ^ .http://www.veuveclicquotaward.com.au/judges.htm

Links

• SMH article
• ABC Sunday interview
• [1]

Business positions
Preceded by D. N. Sanders	CEO of the Commonwealth Bank of Australia 1992 – 2005	Succeeded by Sir Ralph Norris

Persondata
Name	Murray, David
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Date of birth	1949
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