Michael Murphy

Michael Murphy Email and Phone Number

Chief Financial Officer @ News Corp Australia
Michael Murphy's Location
Sydney, New South Wales, Australia, Australia
Michael Murphy's Contact Details

Michael Murphy personal email

About Michael Murphy

I'm an experienced CFO and business leader with 30 years experience across banking & financial services and more recently media through News Corporation. Core to all my roles has been transformation and delivering strategic outcomes in a practical, straightforward and commercially savvy manner.I'm currently the Chief Financial Officer at News Corporation Australia. Previous experience includes CFO for CBA's International Financial Services business unit headquartered in Hong Kong and prior to that over 14 years with National Australia Bank Group (NAB) in various CFO and business roles.

Michael Murphy's Current Company Details
News Corp Australia

News Corp Australia

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Chief Financial Officer
Michael Murphy Work Experience Details
  • News Corp Australia
    Chief Financial Officer
    News Corp Australia Jul 2022 - Present
    Sydney, Nsw, Au
    News Corporation Australia is a media conglomerate with an audience reach of over 18 million across multiple print, video, audio and digital platforms. Together, we inform, advocate and inspire all Australians, for a better Australia.
  • News Corp
    Director Of Finance And Enterprise Transformation
    News Corp Jun 2020 - Jul 2022
    New York, New York, Us
    As Director of Finance and Enterprise Transformation I lead a team of 50+ finance and transformation professionals nationally delivering:- The annual budget and quarterly forecasting to New York- The annual Group Strategy together with the strategy team- Monthly reporting, insights and analysis.- Investment prioritisation, sequencing and benefits realisation- Oversight of all strategic enterprise projects- Enterprise wide transformation initiatives. Key achievements:- Delivered Group EBITDA well ahead of budget for the past 2 years- Revamped the investment philosophy reallocating capital to digital growth- Partnered the business through multiple strategic acquisitions and divestments- Set and delivered significant cost out initiatives over the last 2 years- Oversight and delivery of strategic transformation and organisational change
  • Vietnam International Bank (Vib) - Ngân Hàng Quốc Tế
    Independent Director
    Vietnam International Bank (Vib) - Ngân Hàng Quốc Tế Mar 2018 - Jun 2020
    Ho Chi Minh City, Hcmc, Vn
  • First State Investments
    Commissioner
    First State Investments Feb 2018 - Dec 2019
    London, Gb
  • Commonwealth Bank
    Chief Financial Officer, International Financial Services (Ifs)
    Commonwealth Bank Sep 2017 - Dec 2019
    Sydney, Nsw, Au
    IFS was responsible for the offshore consumer banking and life insurance operations of CBA. As CFO reporting into the CEO and CBA Group CFO, I lead a team of up to eight direct and 160 indirect finance professionals in six countries across Asia and South Africa tasked with reshaping an underperforming, high cost, branch based retail bank, to a leaner digital business. Build Initiatives:• Established the regional finance team based in Hong Kong in 2015 appointing new CFO’s in Vietnam, China, South Africa and Indonesia.• Lead the finance function build for the TymeDigital bank in South Africa including business case preparation, funding strategy, bank licence application, staff appointments, general ledger implementation, and transition to a bank.• Exceeded profit targets every year through sustained cost reductions and strategic divestments.• Represented CBA as Director on (Listed) Vietnam International bank (VIB) for 2 years and Commissioner on First State Investments IndonesiaTransformation and Strategic Divestment:• Initiated cost programs in Indonesia and China in 2017 delivering savings of ~1000 roles through simplification, delayering, functional consolidation and footprint reduction.• Designed & delivered the sale & wind down of CBA’s Mumbai and HCMC branches.• Lead the due diligence for: - CBA’s sale of the China County banks in 2017 - CBA's sale of TymeDigital South Africa in 2018. - CBA’s sale of the insurance business in Indonesia in 2018/9.Closed and exited the CBA Hong Kong IFS head office in December 2019 relocating with the family back to Australia.
  • Commonwealth Bank
    General Manager Finance, Ifs
    Commonwealth Bank Feb 2015 - Oct 2017
    Sydney, Nsw, Au
    International Financial Services Asia (IFS Asia) incorporates the Asian retail and SME banking operations (Indonesia, China, Vietnam and India), investments in Chinese and Vietnamese retail banks, the joint venture Chinese life insurance business and the life insurance operations in Indonesia.
  • National Australia Bank
    Managing Director, Nab Private Wealth, Asia
    National Australia Bank Jan 2011 - Sep 2013
    Melbourne, Victoria, Au
    NAB Private Wealth Asia provided financial advisory, wealth protection and asset management solutions to both local HK and expatriate clients. As the executive director, responsibilities included strategy articulation and execution, management of the distribution force & referral channels, audit and regulatory stakeholder management, product & alliance development, compliance, marketing, and financial control of the business.
  • National Australia Bank
    General Manager, Strategic Projects
    National Australia Bank Oct 2009 - Dec 2010
    Melbourne, Victoria, Au
    A newly established role to work on a number of restructuring initiatives including the end to end review and restructure of the businesses service functions, and the transition of leadership in three key business units. a) Acting General Manager, Calibre (4 months)b) Acting General Manager, Hong Kong Banking (4 months) c) Acting Country CEO, Japan (3 months)
  • National Australia Bank
    Chief Financial Officer, Asia
    National Australia Bank Aug 2005 - Sep 2009
    Melbourne, Victoria, Au
    The Asia Regional CFO responsible for managing a team of 80 staff across six countries. Role evolved to include the responsibility for Asia Operations (COO) and financial responsibility for the NAB’s US subsidiary (GWB) and Asset management business (NabInvest). • A Senior member of the Asia executive committee with dual reporting line to Asia CEO and NAB Group CFO. • A Director on 8 Boards and member of the Asia management board and acting Asia CEO on multiple occasions.• Member of risk management committee, all project control committees, and chair of asset & liability committee.• Responsible for all bank wide finance functions including financial control, strategic planning, tax and profitability.• Senior relationship management with key regional regulators, auditors and tax consultants.• Finance partner to all acquisition opportunities in Asia
  • National Australia Bank
    Chief Financial Officer, Mlc Asia
    National Australia Bank Aug 2002 - Aug 2005
    Melbourne, Victoria, Au
    The regional CFO for MLC's operations in Asia including Hong Kong, Indonesia and Thailand. During the time was seconded to the Hong Kong business to be CFO for the joint venture operation responsible for Finance, Actuarial, Legal & Compliance and Internal Audit. Successfully worked through the sale of the MLC business to AXA in 2005 before taking n the National Australia Bank CFO role.
  • National Australia Bank
    Financial Controller, Mlc Limited
    National Australia Bank Apr 1999 - Aug 2002
    Melbourne, Victoria, Au
    Management of the financial reporting, tax and actuarial functions & ransitioned the MLC Finance function through the integration with the NAB.
  • Arthur Andersen & Co.
    Senior Manager
    Arthur Andersen & Co. Jan 1992 - Apr 1999
    Audit Manager focusing on Financial services

Michael Murphy Skills

Finance Banking Risk Management Financial Services Strategy Stakeholder Management Portfolio Management Mergers And Acquisitions Management Asset Management Wealth Management Financial Reporting Restructuring Insurance Team Management Retail Banking Commercial Banking Risk Assessment Asset Managment Strategic Planning Financial Risk Wealth Investment Advisory Leadership Business Transformation Private Banking Project Management Financial Accounting Sme Banking Business Sale Change Management Difficult Situations Fintech Mergers And Acquisitions Diversity And Inclusion Board Of Directors Driving Results Multi Cultural Team Leadership Cfos Financial Strategy Corporate Finance Banking Relationships Financial Analysis

Michael Murphy Education Details

  • Unsw
    Unsw
    Accounting And Finance

Frequently Asked Questions about Michael Murphy

What company does Michael Murphy work for?

Michael Murphy works for News Corp Australia

What is Michael Murphy's role at the current company?

Michael Murphy's current role is Chief Financial Officer.

What is Michael Murphy's email address?

Michael Murphy's email address is mi****@****ail.com

What schools did Michael Murphy attend?

Michael Murphy attended Unsw.

What skills is Michael Murphy known for?

Michael Murphy has skills like Finance, Banking, Risk Management, Financial Services, Strategy, Stakeholder Management, Portfolio Management, Mergers And Acquisitions, Management, Asset Management, Wealth Management, Financial Reporting.

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