John Laker

Chairman of The BFO Limited

Chairman of The BFO Limited

Dr John Laker AO
BEc (Hons 1) (Syd), MSc (Econ) PhD (Lon), Hon DScEcon (Syd)

Dr Laker was Chairman of the Australian Prudential Regulation Authority (APRA) over an 11–year period to 30 June 2014. As Chairman, Dr Laker was APRA’s representative on the Payments System Board of the Reserve Bank of Australia (RBA), the Council of Financial Regulators, the Trans-Tasman Council on Banking Supervision and the Basel Committee on Banking Supervision. He was also a founding director of the Centre for International Finance and Regulation. An economist by training, Dr Laker had an extensive career in the RBA prior to his appointment to APRA. He has also worked for the Commonwealth Treasury and the International Monetary Fund.

Currently, Dr Laker is a member of the Council of the University of Technology Sydney and of the External Advisory Panel of the Australian Securities and Investments Commission (ASIC). He is Chairman of the Board of the Banking and Finance Oath and a director of Cancer Council NSW. He is also lecturing at the University of Sydney and undertaking advisory work for the International Monetary Fund and the Basel Committee.

Dr Laker was appointed an Officer of the Order of Australia in 2008 for his services to financial regulation.

The Oath

  • Trust is the foundation of my profession.
  • I will serve all interests in good faith.
  • I will compete with honour.
  • I will pursue my ends with ethical restraint.
  • I will help create a sustainable future.
  • I will help create a more just society.
  • I will speak out against wrongdoing and support others who do the same.
  • I will accept responsibility for my actions.

In these and all other matters;
My word is my bond.

The Vision

A banking and finance industry that meets the community’s needs and has its full confidence thereby fulfilling its integral role in society.