David Murray (Australian businessman)

David Murray AO
File:David Murray.jpg David Murray in 2008
Born	David Victor Murray circa 1949
Residence	Hunters Hill, New South Wales
Nationality	Australian
Education	St Aloysius' College, Sydney

For other uses, see David Murray.

David Victor Murray AO (born circa 1949), an Australian businessman, was the inaugural Chairman of the Australian Government Future Fund Board of Guardians, serving between 2006 and 2012, and Chair of the International Forum of Sovereign Wealth Funds.

Business career

Prior to his appointment to the Future Fund, Murray was the Chief Executive Officer of the Commonwealth Bank of Australia between 1992 and 2005. In Murray’s 13 years as Chief Executive, the Commonwealth Bank transformed from a partly privatised bank with a market capitalisation of A$6 billion in 1992 to a A$49 billion integrated financial services company, generating in the process total shareholder returns (including gross dividend reinvestment) at a compound annual growth rate of over 24 per cent, one of the highest total returns of any major bank in Australia.

Murray holds a Bachelor of Business from the NSW Institute of Technology and a Master of Business Administration, commenced at Macquarie University and completed at the International Management Institute, Geneva. He holds an honorary PhD from Macquarie University and is a Fellow of the University of Technology, Sydney. He is an old boy of St Aloysius' College, Sydney.

Murray is an Ambassador of the Australian Indigenous Education Foundation and is an outspoken "climate change skeptic."

In 2007 Murray was appointed an Officer of the Order of Australia for service to the finance sector nationally and internationally through strategic leadership and policy development, to education, particularly fostering relations between educational institutions and business and industry, and to the community as a supporter of and fundraiser for cultural and church organisations.

Climate Change

Murray holds particular views on climate change.

References

Business positions
Preceded by D. N. Sanders	Chief Executive Officer of the Commonwealth Bank of Australia 1992 – 2005	Succeeded by Sir Ralph Norris
Preceded by inaugural	Chairman of the Board of Guardians of the Australian Government Future Fund 2006 – 2012	Succeeded by David Gonski