Inquiry panel

Mr David Murray AO (chair) was most recently the inaugural Chairman of the Australian Government Future Fund Board of Guardians between 2006 and 2012.

Mr Murray previously was the Chief Executive Officer of the Commonwealth Bank of Australia between 1992 and 2005. In this time Mr Murray oversaw the transformation of Commonwealth Bank from a partly privatised bank to an integrated financial services company.

Mr Murray is a member of the Oliver Wyman Senior Advisory Board and a Consultant to Tenix Pty Ltd. He has previously served as a member of the Finance Sector Advisory Council and the APEC Business Advisory Council.

In 2001 he was awarded the Centenary Medal for service to Australian Society in banking and corporate governance and in 2007 he was made an Officer in the Order of Australia (AO) for his service to the finance sector both domestically and globally and service to the community.

Professor Kevin Davis (Melbourne) is currently a Professor of Finance at the University of Melbourne, a Research Director at the Australian Centre for Financial Studies and a Professor of Finance at Monash University. Professor Davis is also a part time member of the Australian Competition Tribunal and Co-Chair of the Australia-NZ Shadow Financial Regulatory Committee.

Mr Craig Dunn (Sydney) was most recently Chief Executive Officer and Managing Director of AMP. Mr Dunn led AMP through the Global Financial Crisis and has extensive experience in the financial sector. He is a member of the Australian Government's Financial Services Advisory Committee and executive member of the Australia Japan Business Co-operation Committee.

Ms Carolyn Hewson AO (Adelaide) served as an investment banker at Schroders Australia for 15 years. Ms Hewson has over 30 years' experience in the finance sector and currently serves on the boards of BHP Billiton Ltd, Stockland. Ms Hewson was made an Officer of the Order of Australia for her services to the YWCA and to business. Ms Hewson retired from the board of BT Investment Management Ltd and as the Chair of the Westpac Foundation upon appointment to the Financial System Inquiry.

Dr Brian McNamee AO (Melbourne) served as the Chief Executive Officer and Managing Director of CSL from 1990 to 30 June 2013. During that time, CSL transitioned from a government-owned enterprise to a global company with a market capitalisation of approximately $30 billion. He has extensive experience in the biotech and global health care industry. Dr McNamee was made an Officer of the Order of Australia for service to business and commerce.