President’s Welcome

It is of course hard to look forward into 2020 without touching on the wider economic and political environment we find ourselves facing. We all understand that uncertainty is rarely helpful – but as an organisation, we have within our membership the skills and experience to assist Australian businesses navigate through these times. The ability to leverage a network as wide ranging and diverse as we have is a valuable asset that I would encourage you to remember and use. Sharing ideas and experiences will always help and TMA can play a vital role in this for all of our members.

Welcome to 2020

I am delighted to be writing to you as the incoming President of TMA Australia. Having been a Director for 3 years, and prior to that a member of the NSW Committee and National Conference Committee, I look forward to the challenge.

I take over the role at a time when the TMA in Australia has never been in better shape. Membership numbers are growing across a diverse community of likeminded individuals committed to corporate renewal. Our conference and event program continues to break new ground and is the market leading program for the Turnaround community in Australia and APAC. In response to what your membership surveys have reported, your TMA Board continues to focus upon thought leadership, the CTP designation, social citizenship with Foodbank, Corporate Law reform programs like Safe Harbour and we continue to advocate to create better alignment with other industry bodies.


We have had four new Directors join the Board – Jefferey Largier (Allegro Funds), (Maria O’Brien (Baker McKenzie), Stewart McCallum (EY) and Jane Starkins (Scottish Pacific). This helps to ensure that we have energy and enthusiasm to continue to build the profile of TMA and its value to all our members. We thank the efforts of retiring Directors, Tim Stewart (Gordon Brothers) and Darren Stacey (BDO).

We have a strong and supportive group of corporate sponsors. We are thrilled to welcome FTI Consulting as a diamond sponsor, Corrs Westgarth Chambers as a platinum sponsor, King & Wood Mallesons and Baker McKenzie as a gold sponsors and BDO as a silver sponsor, joining Allegro, Scottish Pacific, Ashurst, Clayton Utz, Herbert Smith Freehills, Grant Thornton and KordaMentha as strong corporate sponsors of turnaround.

I would like to acknowledge the efforts of our outgoing TMAA President, Cameron Belyea. The TMA owes much to Cameron whose commitment and dedication have greatly contributed to the growth in membership and incoming sponsors we have today. I hope to build on the strong base Cameron and our other past Presidents have established. I would also like to acknowledge the efforts of Allison Robinson our General Manager who continues to be a driving force for the day to day functioning of the TMA. I look forward to working with Allison and Cameron as we move into 2020.


Plans for 2020 and Beyond

Your TMA Australia Board met in early December 2019 to discuss our focus to bring a better and stronger organisation for its members. The key focus being around – Membership, Events, Finances, Sponsorship, Education, Partnerships, Communications. We will be sharing with you the plans around each of these, so watch out for updates.

A particular focus of the Board will be our education offerings. Reconising this as an area of critical importance to the TMA we will update you on how we are resetting our position and seek your involvement in the process.

Our annual Conference is TMA Australia’s signature event and is taking place in Sydney on 2-3 September. It is with great pleasure that I announce the Chairs of this year’s event – Jeffrey Largier (Allegro Funds), Nikki Smythe (Herbert Smith Freehills) and Ryan Eagle (KPMG). I refer you to highlights from last year’s event and we are confident of delivering another outstanding conference for our members this year.

We are equally proud of the growing and wide range of events held in Brisbane, Melbourne, Perth and Sydney. I look forward to meeting as many of our members at these events throughout the year.

My request to you as members is to please make the effort to attend the events and to get involved in your TMA. The events are of course intended to educate, but they are also designed to promote networking which is at the core of the TMA’s philosophy. Take the opportunity to bring someone along with you, we always welcome guests and prospective members. Apart from events, there are other ways to get involved – submit content for our new TMA Australia website, host an event or contact us with speaker or topic suggestions for us to feature that would be of interest to the membership.

Being part of the TMA will grow not only the TMA, but your own profile as well. Many connections have been made at TMA events that would probably not otherwise have happened – don’t be the one to miss out!

It is of course hard to look forward into 2020 without touching on the wider economic and political environment we find ourselves facing. We all understand that uncertainty is rarely helpful – but as an organisation, we have within our membership the skills and experience to assist Australian businesses navigate through these times. The ability to leverage a network as wide ranging and diverse as we have is a valuable asset that I would encourage you to remember and use. Sharing ideas and experiences will always help and TMA can play a vital role in this for all of our members.

I wish you all a successful and rewarding year.

Carl Gunther
TMA Australia President

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