POWERED BY MOMENTUM MEDIA
Payne a champion for ethics
INDUSTRY ADVOCACY- SPONSORED BY ALLAN GRAY
WINNER
Clare Payne - Founder/chief operating officer
The Banking and Finance Oath / Tobacco Free Portfolios
Clare Payne's unique focus on banking and finance ethics has helped her win Money Management and Super Review's Industry Advocacy Award.
The founder of the Banking and Finance Oath (BFO), and the Banking and Finance Industry Ethics Panel attributed her success to the fact that no one else is particularly focused on the issue.
The judges praised Payne's initiatives in developing and championing ethics in the industry both nationally and within the firm.
"The issue of consumer confidence and the ethical behaviour in the financial and wealth industries have been in question and her vision of building ethical programs has brought integrity to the industry," they said.
Payne designed and helped the BFO launch the Young Ambassador program, the BFO Elders program, the Like-Minded Program, and the 100% Committed program.
Along with this, Payne also teaches business ethics at Macquarie University and the University of Melbourne to mould the next generation into good ethical decision-makers.
Payne said the top three issues she has been championing in the space are ethics, trust, and integrity.
"The financial crisis put trust on the radar as the key thing that keeps the whole financial system alive. So it's gotten a lot easier; the hard thing is the industry is susceptible to wanting to quantify and dealing with numbers rather than dealing with the ethical principles," Payne said.
"The oath is really trying to get at individual accountability and trying to lift practices by acknowledging that organisations are made up of individuals."
Payne was joined in the category by finalist Katherine Ashby, of BT Financial Group, who was commended by the judges for her initiative to introduce education and technical programs to service the industry.
"Her expertise and influence have impacted both on her business, her colleagues and her clientele. She has developed a substantial program to assist in knowledge transfer and the integrity of the industry," the judges said.
FINALISTS
Katherine Ashby - Senior product technical manager
BT Financial Group
Julie Coates - Partner
PricewaterhouseCoopers
Deborah Kent - Financial adviser/director
Integra Financial Services
Tracey Sofra - Founding partner/financial planner
Sofcorp Financial Services
Recommended for you
Peri and menopause training founder and TV journalist Shelly Horton has hit back at calls for businesses to introduce menopause leave.
Former federal MP Julia Banks insists that all women can use their personal power to advocate a more inclusive workplace and support other women.
After a successful inaugural event last year, the Women in Finance Summit is returning in 2024 with more business insights and networking opportunities.
Super Review is now accepting nominations and submissions for the Women in Finance Awards, to be held in November 2024.
TOP PERFORMING FUNDS
ACS FIXED INT - AUSTRALIA/GLOBAL BOND
Fund name
3y(%)pa
1
Spire Oaktree Opportunities XI Second Close
61.07 3 y p.a(%)
2
Spire Oaktree Opportunities XI First Close USD
59.21 3 y p.a(%)
3
DomaCom Lot 21 Chellaston Road Munno Para West SA 5115 Australia
31.56 3 y p.a(%)
4
Fidante Credit Suisse Global Private Equity
31.06 3 y p.a(%)
5
DomaCom 4/27 Crombie Avenue Bundall QLD 4217 Australia
26.81 3 y p.a(%)
