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Case Study
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Ombudsman's Foreword

In August 2003, following extensive consultation and discussion throughout the year, the bank members of the Scheme agreed to admit non-banks to membership of the Scheme.


They also agreed to a change of name from the Australian Banking Industry Ombudsman Limited to the Banking and Financial Services Ombudsman Limited. The renaming of the Scheme is an appropriate measure to reflect the broadening of the membership base.

This has been one of the most significant developments for the Scheme in the last 13 years and I am very pleased that these changes have occurred.

Support for these two important initiatives is evidence of the consumer groups and banks’ trust of and commitment to the Scheme over the last 13 years. It is also evidence of the continued co operation of the banks that are associated with the Ombudsman’s office.

Over the last few years we have seen ourselves as an organisation not simply dealing with complaints, but as a cost-effective dispute resolution service for banks, their customers and the other schemes in the financial services sector.

During the year, the Scheme welcomed the appointment of Jillian Segal as Chairman of the Board. I would like to take this opportunity to recognise the outstanding contributions made by Ms Segal and other Board members who have provided me and the staff of the Scheme, with an exceptional level of support and encouragement over the year. As a result of that support, as well as the efforts of staff, we are able to maintain the high quality of the work done by the Scheme. We are also able to uphold the excellent reputation that the Ombudsman’s office enjoys within the financial services industry and the broader community.

It seems especially relevant for me to take this opportunity to thank the staff of the Ombudsman’s office for a wonderful year of commitment and activity. Given the broadening of the role of the Scheme, the challenges that will be presented in the future will be very different from those faced by us in the past.



Colin Neave
Ombudsman


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Colin Neave