Board of Directors

Meet the Board

Directors and management are committed to high standards of corporate governance, which are enunciated in the company’s Statement of Principles. This statement establishes the framework for how the Board oversees Credit Corp and performs its functions on behalf of all stakeholders. The Statement of Principles includes Credit Corp’s Vision Statement, Client Relationship Policy, Risk Management Program, Code of Conduct and Statement of Ethics.


2020 Annual Report

Credit Corp is Australia’s largest provider of sustainable financial services in the credit‑impaired consumer segment.

We are committed to providing sustainable and responsible financial solutions for our customers,  with the goal of improving their financial situation.  We aim to achieve this by applying our values. In our debt buying business we purchase  defaulted consumer debts from major banks,  finance, telecommunications and utility providers.  We look to provide our clients with the highest prices possible, while ensuring we will be able to produce an acceptable return on our outlay. We then work with our newly acquired customers to agree flexible repayment plans to suit their individual circumstances. In our lending business we responsibly provide  the lowest-priced finance in our segment of the market.


Eric Dodd
CHAIRMAN

Eric Dodd

BEc, FCA, FAICD

Board Committee memberships
A member of the Audit and Risk Committee, Remuneration and HR Committee and the Nominations Committee.

Date appointed
Appointed as a Non-Executive Director in July 2009 and Chairman on 4 February 2021.

Skills and experience
Eric has extensive experience in the insurance, finance and banking sectors. Eric previously held the position of CEO of Insurance Australia Group and Director and CEO of MBF Australia Limited for a six-year period, before being appointed as Managing Director of the combined organisation when MBF merged with BUPA Australia in June 2008. Eric is also a past Managing Director and CEO of NRMA Insurance Limited and has held numerous senior positions within the financial services industry.

Directorships and other current appointments
Currently, Eric is Chairman of First American Title Insurance Company of Australia Pty Limited.

Qualifications
Eric holds a Bachelor of Economics degree, is a Fellow of the Institute of Chartered Accountants and is a Fellow of the Australian Institute of Company Directors.


Don McLay
NON-EXECUTIVE DIRECTOR

Don McLay

BCom, CA(NZ), ACIS, Ffin

Board Committee memberships
Chair of the Audit and Risk Committee and member of the Remuneration and HR Committee

Date appointed
Appointed as a Non-Executive Director in March 2008 and Chairman on 30 June 2008, and retired as Chairman on 4 February 2021.

Skills and experience
Don has more than 40 years’ experience in financial markets, investment banking and broad business services. He has previously held executive roles at a number of local and overseas investment management and investment banking organisations, working in London, Singapore, Auckland and Sydney.

Directorships and other current appointments
Don is Chairman of Torres Industries Pty Ltd, an unlisted investment group. Previous Board roles include Clime Investment Management Limited and Registry Direct Limited. 

Qualifications
Don holds a Bachelor of Commerce degree, and is a Chartered Accountant, a Chartered Secretary and a Senior Fellow of the Financial Services Institute of Australasia.


Leslie Martin
NON-EXECUTIVE DIRECTOR

Leslie Martin

BA, MBA, FAICD

Board Committee memberships
Chair of the Nominations Committee and member of the Audit and Risk Committee.

Date appointed
Appointed as a Non-Executive Director in March 2014.

Skills and experience
Leslie has 30 years’ experience in commercial banking in several countries and is a specialist in payments and corporate cash management. She has been in the start-up phase of businesses with Chase Manhattan (now JP Morgan Chase) in New York and Hong Kong. She joined Westpac in 1994 as a General Manager to establish its transaction banking capability and later led the Working Capital Services business at the Commonwealth Bank. 

Directorships and other current appointments
Currently, Leslie is a Director of IMA Asia, an independent economics advisory firm. She has held Board positions with subsidiaries of the Commonwealth Bank and a variety of payment industry bodies. 

Qualifications
Leslie holds a Bachelor of Arts degree, a Master of Business Administration degree, and is a Fellow of the Australian Institute of Company Directors.


Richard Thomas
NON-EXECUTIVE DIRECTOR

Richard Thomas

FAICD

Board Committee memberships
A member of the Audit and Risk Committee

Date appointed
Appointed as a Non-Executive Director in September 2006.

Skills and experience
Richard brings over 50 years’ management experience in banking, finance and related industry sectors to Credit Corp’s Board. Richard is a professional Company Director and has previously held senior executive roles including Group Executive, Australian Banking Services with Westpac, Managing Director of AGC Limited and Executive Vice President of US-based Avco Financial Services.

Directorships and other current appointments
Richard was Acting Chairman between 11 February and 30 June 2008.

Qualifications
Richard is a Fellow of the Australian Institute of Company Directors.


Trudy Vonhoff
NON-EXECUTIVE DIRECTOR

Trudy Vonhoff

BBus, MBA, GAICD

Board Committee memberships
Chair of the Remuneration and HR Committee and member of the Nominations Committee.

Date appointed
Appointed as a Non-Executive Director in September 2019.

Skills and experience
Trudy is an experienced Non-Executive Director and has over 20 years’ experience in retail and business banking, corporate banking, financial markets and strategy. Past executive roles include General Manager, Operations and General Manager of Commercial and Agribusiness Banking for Westpac Banking Corporation (ASX: WBC) and Chief Financial Officer of AMP Bank Limited.

Directorships and other current appointments
Previous Board roles include Non‑Executive Director of AMP Bank Limited, Cabcharge Australia (ASX: A2B), Ruralco Holdings (ASX:RHL) and Tennis NSW. Her current Board roles include Iress Limited (ASX:IRE) and Cuscal Limited.

Qualifications
Trudy has a Bachelor of Business (Hons) from the Queensland University of Technology, a Master of Business Administration from the University of Technology, Sydney and has completed Executive Development courses at Harvard Business School. She is a graduate member of the Australian Institute of Company Directors and a Senior Fellow of FINSIA.