Vale Michael Andrew AO

25 June 2019
| By Chris Dastoor |
image
image
expand image

Michael Andrew AO, who was chair of the board of taxation and chair of the Black Economy Taskforce, passed away on Monday.

Andrew had a long-distinguished career in business domestically and globally. He was chair and chief executive of KPMG International from May 2011 to July 2014 and was the first Australian to be CEO of one of the big accounting firms.

He was chair of Australian B20 Working Group on Anti-Corruption and Transparency and its Global CEO forum, and a member of the Business Council of Australia and the International Business Council of the World Economic Forum.

Federal Treasurer, Josh Frydenberg, said Andrew’s ambition was to make the tax system fairer for all Australians.

“On a personal level over the number of years I have known Michael I have always found him profoundly decent, professional and possessing a strong sense of public duty,” Frydenberg said.

“I wish to express our deepest condolences to his wife Mardi, and his daughters Danielle and Monique. I’d also like to record our heartfelt appreciation for the time and effort Michael gave to the advancement of taxation policy in Australia.”

AUTHOR

Recommended for you

sub-bgsidebar subscription

Never miss the latest news and developments in wealth management industry

MARKET INSIGHTS

So we are now underwriting criminal scams?...

4 months 2 weeks ago

Glad to see the back of you Steve. You made financial more expensive, not more affordable as you claim, and presided ...

4 months 2 weeks ago

Completely agree Peter. The definition of 'significant change is circumstances relevant to the scope of the advice' is s...

6 months 2 weeks ago

Commonwealth Bank has formally dropped to zero advisers following LGT Crestone’s acquisition of its advice arm – some six years on from the Hayne royal commission. ...

1 week 5 days ago

ASIC has cancelled the AFSL of an advice firm associated with Shield and First Guardian collapses, and permanently banned its responsible manager. ...

4 days 8 hours ago

ASIC has banned a former NSW adviser from providing advice for 10 years for investing at least $14.8 million into a cryptocurrency-based scam. ...

5 days 11 hours ago

TOP PERFORMING FUNDS

ACS FIXED INT - AUSTRALIA/GLOBAL BOND
Fund name
3y(%)pa
1
DomaCom DFS Mortgage
92.15 3 y p.a(%)
3