The ABA is the peak body representing banks in Australia and a powerful industry lobby group.

He will take over from the retiring ABA chief executive Anna Bligh, herself a former Queensland premier.

Birmingham thanked the ABA for the appointment. 

“In my capacity as the ABA CEO, I am committed to prioritizing trust within Australia’s banking system, advocating for a competitive regulatory environment, and driving innovation in banking to enhance Australia’s financial prosperity,” he stated.

“Banks are central to our economy, essential to businesses of all sizes and entrusted by Australians with their personal financial wellbeing. 

“Whether it’s trade and capital flows from major and international banks or the variety offered by smaller banks, regional banks, and customer-owned entities, maintaining a robust, healthy, and customer-centric financial services sector is crucial for all Australians.”

Birmingham began his parliamentary career in 2007 and was respected on both sides of politics.

ABA chairman and NAB chief executive Andrew Irvine said he was delighted to have Birmingham leading the industry. 

“He is a recognised leader who has had deep involvement in significant and long-lasting policy decisions and actions throughout his career that have helped to shape our country,” Irvine said.

“Simon’s ability to navigate difficult and complex environments, bringing together varied interests and perspectives, makes him ideal for this role.

“He will be a sensible, consistent and respected voice on behalf of the industry.”

Birmingham will start the new role on August 18.