Michael Prior

Senior Associate

MCom, Grad Dip Applied Finance, CPA, FTIA, F Fin, MAICD

Michael-Prior
Michael Prior

Michael is currently an independent director and chair of the audit & risk committee of Private health insurer RT Health Fund Ltd. He has also held directorships in stockbroking and property development companies as well as acting as advisor to the board Finance and Investment committee of Grain Growers of Australia. Michael was previously the General Manager Operational Risk and Compliance with the Institutional Division of the Commonwealth Bank of Australia (CBA). While at CBA he successfully directed the implementation of Financial Services Reform. (FSR) across several business units.

Michael has also provided risk management and compliance consulting services to Perpetual Trustees of Australia and the National Australia Bank focussing on embedding a compliance and risk management culture, the application of Basel II and compliance with Sarbanes Oxley standards.

Michael has had extensive project management experience globally. As well as directing the implementation of FSR, he directed the planning and initial integration stages for various business units and subsidiaries for a major Singaporean bank. Michael also directed the implementation of centralised operations into Thailand’s 3rd largest bank. This was a first for Thailand. Through this experience he is able to offer practical solutions that meet regulator requirements within solid risk management and compliance frameworks.