Peter Lock

Peter Lock Email and Phone Number

Strategic Advisor @ Next Payments
Australia
Peter Lock's Location
Australia, Australia
About Peter Lock

A highly experienced Chief Executive Officer and Board Director excelling in strategic thinking, corporate governance and people leadership. I joined Heritage Bank in 2015 as Chief Executive Officer. For over 149 years, Heritage Bank has provided innovative banking services to its members and is headquartered in Toowoomba, Australia. In 2023, we completed the successful merger of equals with People’s Choice Credit Union to create Australia’s leading Mutual Bank, the new People First Bank. At $24.5b in assets, 2000 FTE and 95 branches across the country, People First Bank has become Australia’s ninth largest domestic bank.My career spans over 40 years and in this period, I have held senior positions in Australia's leading banking and financial institutions such as Commonwealth Bank, St George and Bank of Melbourne/Westpac and within the mutual sector with People First Bank.A culmination of these experiences has made me a successful leader of change and a major driver ofgrowth at both corporate and operational levels. With a track record of delivering results in competitive markets while building loyal customer and staff relationships, I have been able to nurture a strong network and gain the trust of distinguished members of the business community particularly across SEQ, Victoria, SA and NSW.Experienced in Mergers and Acquisitions and adept at leading large digital transformations, change management programs and major brand changes through executive and Board interactions. I have broad Board member experience, both at executive level and as a director over both ASX listed, private and not for profit entities. I am currently on the Board of Directors for the BusinessCouncil of Co-operatives and Mutuals (BCCM) and the Customer Owned Banking Association in addition to Director responsibilities in association with my role in the Bank.

Peter Lock's Current Company Details
Next Payments

Next Payments

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Strategic Advisor
Australia
Employees:
109
Peter Lock Work Experience Details
  • Next Payments
    Strategic Advisor
    Next Payments
    Australia
  • Icg – Internal Consulting Group (Global)
    Strategic Advisor
    Icg – Internal Consulting Group (Global)
    Australia
  • University Of South Australia
    Board Member - Mba Advisory Board
    University Of South Australia May 2024 - Present
    Adelaide, South Australia, Au
    UniSA MBA Advisory Board provides high level advice to the Dean of Programs (Postgraduate) on the business environment and economic trends, hiring expectations, education, and ongoing professional development for talent.
  • Customer Owned Banking Association
    Director
    Customer Owned Banking Association Feb 2020 - Present
    Sydney, New South Wales, Au
    The Customer Owned Banking Association is the industry association for Australia's credit unions, building societies and mutual banks.
  • People First Bank
    Chief Executive Officer
    People First Bank Mar 2023 - Sep 2024
    In March 2023, Heritage Bank merged with People’s Choice Credit Union to create one of Australia’s leading member-owned banking organisations. In March 2024, we adopted the new brand of People First Bank, powered by Heritage and People’s Choice. Our existing retails brands Heritage Bank and People’s Choice brands will continue to operate while we complete the integration process.People First Bank provides innovative banking services to its members. We maintain dual head offices in Toowoomba and Adelaide, with 92 branches across South Australia, Victoria, New South Wales, Queensland and the Northern Territory. We have operational assets valued at over A$24.6 billion, with over 2100 team members. I joined Heritage Bank in 2015 as Chief Executive Officer until the merger with People’s Choice in 2023 where I was appointed CEO of the merged entity, People First Bank. As the CEO of People First Bank, I provide strategic and operational business leadership through innovation, initiative and strong management capability. I am committed to achieving successful financial outcomes by leveraging my insights into local, national and global economic drivers and influencers.
  • Business Council Of Co-Operatives And Mutuals (Bccm)
    Director
    Business Council Of Co-Operatives And Mutuals (Bccm) Sep 2020 - Jul 2024
    Sydney, Nsw, Au
    The Business Council of Co-operatives and Mutuals (BCCM) is the national peak body representing the co-operative and mutual models of enterprise in Australia. Formed in 2013, the BCCM is led by the chief executives of Australia’s leading co-operative and mutual businesses and is the only organisation uniting the entire, diverse range of member owned business.
  • Heritage Bank
    Chief Executive Officer
    Heritage Bank Nov 2015 - Mar 2023
    Toowoomba, Qld, Au
    Heritage Bank has grown from origins in Toowoomba in 1875 to become one of Australia’s largest customer-owned banks, with branches in Queensland and New South Wales, and a national network of mortgage broker partners.I joined Heritage Bank as CEO in 2015. In March 2023, Heritage Bank merged with People’s Choice Credit Union, and I was appointed CEO of the newly merged entity. In 2024, the organisation adopted the name People First Bank.
  • Toowoomba And Surat Basin Enterprise
    Director
    Toowoomba And Surat Basin Enterprise Oct 2018 - Oct 2022
    Toowoomba City, Queensland, Au
    TSBE is an independent, member-driven economic development organisation actively linking our business community to opportunities across the Toowoomba, Western Downs, Maranoa and surrounding areas.
  • Asl -  Dynamic Payments | Connected People
    Director
    Asl - Dynamic Payments | Connected People Mar 2017 - May 2021
    Sydney, New South Wales, Au
    ASL was formed in 1993 as a mutual organisation by our founding members to provide settlement services and allow them to participate in the various financial sector clearing streams. ASL today is still an organisation which, like many of its clients, is owned by its members and supplies services to those members. ASL’s members include major mutual financial institutions.
  • Parkside Partners
    Managing Director
    Parkside Partners Nov 2013 - Dec 2015
    Parkside Partners offers tailored corporate advisory services predominately in the mid to large privately owned family business market. It specialises in strategic corporate advice and provides Advisory Board services covering business strategy and execution, succession planning, business transition, debt advisory and investment ready services.
  • Amplifi Governance
    Associate Director
    Amplifi Governance Apr 2015 - Nov 2015
    AMPLIFi Governance supports Family and Private Businesses to realise their full potential by helping them establish boards that reflect the values and cultures of the owners.
  • Icg – Internal Consulting Group (Global)
    Affiliate
    Icg – Internal Consulting Group (Global) Jan 2014 - Nov 2015
    Sydney, New South Wales, Au
    ICG is a 21st century consulting and project services platform that delivers any permutation of professional consultants, intellectual property, methodology, training and services to clients (wholesale and retail) using the patented technology Industrialised Adhocracy.
  • Blackhall & Pearl
    Partner, Board Advisory
    Blackhall & Pearl Jun 2014 - Mar 2015
    Melbourne, Victoria, Au
    Blackhall & Pearl is a specialist Board and Senior Management advisory group working with Australia’s ASX listed companies, large private corporations, not for profit and government business enterprises in the areas of Board Performance and Risk Management.
  • Bank Of Melbourne
    Chief Operating Officer And Head Of Corporate Banking
    Bank Of Melbourne Feb 2011 - Oct 2013
    Melbourne, Victoria, Au
    Bank of Melbourne Ltd. operates approximately 100 branches and a network of agents in Victoria, Queensland, New South Wales and overseas. The Bank provides trading and saving bank facilities, including loans, advances and lines of credit. The Company also provides personal loans, nominee, corporate and nationwide investment services.As the COO, I was responsible for the operations and day to day compliance of the bank. This included the 4 P’s, credit and HR compliance as well as company leadership. My position was particularly integral to the strategy and planning for restructuring of the retail and banking network post 2011.As Head of Corporate Banking, I was accountable for the P&L results of the division. There was equal responsibility for full corporate banking relationships with companies whose operating profits were up to A$ 500 million.
  • Committee For Melbourne
    Director
    Committee For Melbourne Jan 2010 - Oct 2013
    Melbourne, Victoria, Au
    The Committee for Melbourne is an apolitical, not-for-profit, member-based organisation that brings together over 140 organisations from Greater Melbourne's business, academic and community sectors. Founded in the 1980s, the Committee was formed to help cement Melbourne as a city of significance and has been a major driving force in the development and progression of Melbourne's major projects and infrastructure.
  • St.George Bank Limited
    Managing Director, Victoria
    St.George Bank Limited Feb 2003 - Feb 2011
    Sydney, Nsw, Au
    St.George Bank is one of Australia's leading Retail and Business Banking brands. In 2008, St.George became part of Westpac Group.In my tenure, I handled the Retail, Wealth, Rural, Business and Corporate Banking sales and operations within Victoria. I oversaw the strategy direction and decision making of the Bank’s presence within the region. With my expertise, I was able to increase the network of retail sites and business banking centres. In the years between 2008 - 2010, the role helped with the Bank of Melbourne Project. This included the development of the brand re-launch and transition of staff, customers and systems.The position also served on the National Executive Management Committee of St. George Bank.
  • Commonwealth Bank
    General Manager Corporate Banking
    Commonwealth Bank Aug 2002 - Feb 2003
    Sydney, Nsw, Au
    The Commonwealth Bank of Australia is an Australian multinational bank with businesses across New Zealand, Asia, the United States and the United Kingdom. It provides a variety of financial services including retail, business and institutional banking, funds management, superannuation, insurance, investment and broking services.In this position, I headed the department responsible for managing clients valued between A$ 10 million to A$150 million. The team of executives I managed, were responsible for client relationships in a broad range of areas including: lending, investment, asset allocation, structured finance, transactional banking and working capital services.
  • Commonwealth Bank
    State Manager Positions
    Commonwealth Bank Jul 1996 - Jul 2002
    Sydney, Nsw, Au
    State Manager Business Banking Vic/TasState Manager Commercial Sales Force Vic/TasState Manager Business Asset Finance Vic/TasThese managerial positions were responsible for the balance sheet (P&L) and market share outcomes over a number of business units. This included control over the bank’s specialist finance company – CBFC Limited.
  • National Australia Bank
    Business Development Manager
    National Australia Bank 1993 - 1996
    Melbourne, Victoria, Au
    National Australia Bank is one of the four largest financial institutions in Australia in terms of market capitalisation, earnings and customers.My position entailed the management for the identification of new business opportunities in the corporate market within South Australia. It included all credit assessment, deal negotiation and settlements for new relationships.
  • State Government Insurance Company Sgic
    Manager Accounting And Operations
    State Government Insurance Company Sgic 1993 - 1994
    State Government Insurance Company (SGIC) has been insuring South Australians since 1972. They started out with the aim of providing a new, better kind of general insurance for people of the region.
  • State Government Insurance Commission Sgic
    Assistant Senior Finance Manager
    State Government Insurance Commission Sgic Jul 1990 - Jun 1993
  • State Treasury Of South Australia
    Senior Finance Specialist
    State Treasury Of South Australia 1993 - 1993
    The Department of Treasury and Finance is the lead agency for economic, social and financial policy outcomes. They play a vital role in providing financial services to the community and economic and fiscal policy advice to the Government of South Australia.
  • National Australia Bank
    Corporate Account Manager
    National Australia Bank Nov 1988 - Jul 1990
    Melbourne, Victoria, Au

Peter Lock Education Details

  • Sacred Heart College
    Sacred Heart College
  • University Of South Australia
    University Of South Australia
    Master Of Business Administration (M.B.A.)
  • Securities Institute Of Australia
    Securities Institute Of Australia
    Applied Corporate Finance
  • South Australian Institute Of Technology
    South Australian Institute Of Technology
    General
  • Australian Institute Of Company Directors
    Australian Institute Of Company Directors
    Graduate
  • Financial Services Institute Of Australasia
    Financial Services Institute Of Australasia
    Fellow
  • Asialink Leaders Program
    Asialink Leaders Program

Frequently Asked Questions about Peter Lock

What company does Peter Lock work for?

Peter Lock works for Next Payments

What is Peter Lock's role at the current company?

Peter Lock's current role is Strategic Advisor.

What schools did Peter Lock attend?

Peter Lock attended Sacred Heart College, University Of South Australia, Securities Institute Of Australia, South Australian Institute Of Technology, Australian Institute Of Company Directors, Financial Services Institute Of Australasia, Asialink Leaders Program.

Who are Peter Lock's colleagues?

Peter Lock's colleagues are Laurence Corboy, Darshan Poojari, Troy Hibbs, Daniel Bennett, Chris Adams, Michael Lowe, Guy Shiffman.

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