JOINT MEDIA RELEASE - Cash & Stoker - Appointment of Chief Executive of the Australian Financial Security Authority

Senator the Hon Michaelia Cash

Attorney-General

Minister for Industrial Relations

Deputy Leader of the Government in the Senate

Senator for Western Australia

Senator the Hon Amanda Stoker

Assistant Minister to the Attorney-General

Assistant minister for Industrial Relations

Assistant Minster for Women

Senator for Queensland

17 March 2022

Media Release

APPOINTMENT OF CHIEF EXECUTIVE OF THE AUSTRALIAN FINANCIAL SECURITY AUTHORITY

The Attorney-General, Michaelia Cash and the Assistant Minister to the Attorney-General, Amanda Stoker are pleased to announce the appointment of Mr Timothy Beresford as the new Chief Executive of the Australian Financial Security Authority (AFSA).

AFSA is responsible for the administration and regulation of Australia’s personal insolvency system and for maintaining the Personal Property Securities Register.

Accordingly, Mr Beresford has also been appointed as Inspector‑General in Bankruptcy and Registrar of Personal Property Securities.

Mr Beresford’s five-year appointment will commence on 2 May 2022.

On behalf of the Australian Government we congratulate Mr Beresford on his appointment and are confident he will lead AFSA with diligence and distinction.

Timothy Beresford

Mr Beresford holds a Bachelor of Economics, Bachelor of Laws, a Masters of Philosophy (International Relations) and is a Fellow of the Australian Institute of Company Directors. He has held the position of Deputy Chief Executive of Global Client Services at Austrade since 2018.

Mr Beresford was also employed at Austrade between 2011 and 2016 where he held Deputy Secretary positions in the areas of Tourism, Investment Education and Programs, and Australian Operations. Prior to re-joining Austrade in 2018, Mr Beresford was Chief Operating Officer and Deputy Vice Chancellor of Macquarie University. He served in the Department of the Prime Minister and Cabinet in 2010 and held senior roles with Westpac between 2003 and 2008.