Board of Directors

Board of Directors

The Board of Directors have responsibility for the overall management and strategic direction of Teachers Mutual Bank Limited. All Board members are independent, non-executive directors and the majority are elected by members (our shareholders) on rotation every three years. We have three Board-appointed Directors.

The Directors must satisfy the Fit and Proper criteria set down by APRA, and they must abide by our Code of Conduct which outlines their legal and ethical obligations. The Directors are committed to ongoing training to maintain knowledge of emerging issues and to satisfy all governance requirements. The Board conducts an annual review of its performance, along with reviews for individual directors, committees and the executive.

John Kouimanos


BA, Dip. Ed

John Kouimanos commenced teaching in 1967 and retired as Head Teacher Social Sciences at Greystanes High School in February 2004. He was appointed to the Supervisory Committee in 1973 and served until appointed as director in 1974. He was appointed as first Chair of the Audit Committee.
Mr Kouimanos was appointed Chair of Teachers Credit Union in 2008 and the inaugural Chair of Teachers Mutual Bank in 2012. Mr Kouimanos is Chair of the Board Remuneration Committee and a member of the Large Exposures Committee.

Linda Green

Deputy Chairperson

Dip. Teach, B.Ed (Primary Education), GAICD

Linda Green commenced teaching in 1979 and is currently Principal of Robert Townson Public School. She served as a member of the Supervisory Committee for two years and was elected to the Board in 1997, and as Deputy Chairperson in 2009. Mrs Green is Chairperson of the Marketing and Member Relations Strategy Committee, a member of the Development and Education Committee, and Board Remuneration Committee.

Tyrone Carlin


BCom, LLB (Hons), MCom (Hons), LLM, PhD, Grad Dip Fin SIA, CA, FCPA, FFin

Tyrone Carlin is Professor of Financial Regulation and Reporting at the University of Sydney. He has held a variety of prior senior academic appointments including Deputy Vice-Chancellor (Registrar) at the University of Sydney, Co-Dean of the University of Sydney Business School, Dean of Law at Macquarie University and Director of Academic Programs at Macquarie Graduate School of Management. Professor Carlin teaches in the areas of financial reporting and management, corporate acquisitions and reconstructions and corporate and commercial law, and has published more than 100 scholarly articles in his areas of expertise. He has been engaged as a consultant by a substantial number of leading corporations, professional services and Government organisations. He is a director of University Admissions Centre NSW & ACT, and the Urological Society of Australia and New Zealand. Professor Carlin is a member of the Audit Committee and Risk and Compliance Committee, Marketing and Member Relations Strategy, and Large Exposures Committees.

Michelene Collopy



Michelene Collopy has over 20 years’ experience in financial markets and has held senior roles in compliance, funds management, treasury and financial reporting. Michelene is currently Chairman of Perpetual Superannuation Limited and sits on the council of the University of Technology Sydney. Ms Collopy is a qualified chartered accountant and financial planning specialist, a registered company auditor, licensed operator on the Australian Stock Exchange, and Justice of the Peace. She is Chairperson of the Audit Committee and the Risk and Compliance Committee and a member of the Board Remuneration Committee.

Emeritus Professor William Ford


BA LLB (Hons); DipEd W Aust; DipLib (NSW)

Professor Ford was a director of Unicredit since 1990 and Chair from 2004 up until Unicredit’s merger with Teachers Mutual Bank in 2015.

Professor Ford’s experience includes Barrister and Solicitor of Supreme Court of WA; Emeritus Professor of Law (UWA); Dean of the Law School, University of WA (2001-2011); Former Chair, Council of Australian Law Deans (2007-2011); Former Committee Member (UWA Branch) NTEU & Secretary UWA Academic Staff Association; and Former National Vice-President (Academic) NTEU. He is a member of the Board Remuneration Committee.

Jennifer Leete


BA, Dip. Ed, GAICD

Jennifer Leete commenced teaching in 1977. Her last teaching position was as Head Teacher Social Sciences at Narrabeen High School. She is a Life Member of both the NSW Teachers Federation and the Australian Education Union. Ms Leete was elected as a Director in October 2005. She is Chairperson of the Development and Education Committee, a member of the Marketing and Member Relations Strategy Committee and the Nominations Committee.

Graeme Lockwood


Dip.Teach, Grad Dip C.Ed, GAICD

Graeme Lockwood commenced teaching in 1974 and retired as Head Teacher (Administration) at Normanhurst Boys High School in 2012. He served on the Supervisory Committee and Members Committee for many years and was elected to the Board in 2004. He is a member of the Audit Committee, the Development and Education Committee, and the Large Exposures Committee. Mr Lockwood is Chairman of QT Travel Pty. Ltd (trading as Diploma Travel) and Tertiary Travel Service Pty Ltd. 


Maree O'Halloran



Maree O’Halloran is currently a Senior Associate at NEW Law Pty Ltd where her clients include teachers and nurses. Prior to her appointment with NEW Law in April 2015, Ms O’Halloran was the Director (that is, CEO) of the Welfare Rights Centre for seven years where she also practised as a solicitor. The Welfare Rights Centre provides free legal services to some of the most disadvantaged people in the community. Ms O’Halloran has also worked as a teacher in public schools and TAFE. She has been an active voice for the teaching community and is a former President of the NSW Teachers Federation. She has served as a member of the NSW Public Service Commission Advisory Board and as a Director of Teachers Federation Health and the SAS Trustee Corporation. She is currently a member of the NSW Rhodes Scholarship Selection Committee. Ms O’Halloran is a member of the Audit Committee, the Marketing and Member Relations Strategy Committee and the Risk & Compliance Committee.

Ms O’Halloran was awarded the Member of the Order of Australia (AM) in the 2011 Australia Day Honours List, in recognition of her service to industrial relations and education sector.


Michael O’Neill


BEc, BEd, Grad Dip Acct, FFTA, GAICD

Michael O’Neill is an experienced senior executive and director with over 25 years’ experience in financial services. Michael has a strong background in finance, risk and governance, having held roles as Chief Financial Officer and Chief Risk Officer for NAB’s Personal Banking Division in Australia and Treasurer for the NAB Group. Michael also has a background in risk management consulting and audit with KPMG. Michael holds a number of non-executive positions including Chairman of Gymnastics Victoria. He is the Chair of the Large Exposures Committee, a member of the Risk and Compliance Committee and the Nominations Committee.