The TMA strives to have women flourish in turnaround and restructuring: to consider the industry is open to them and provides them with opportunity. The TMA advocates and supports women, assisting them in the development of their skills and networks so they can become leaders in their organisations and in the TMA.

TMA Australia is committed to gender equity: our current Chair and Vice President are both women, our National board consists of more than 40% women. We have a relentless focus on ensuring that we have substantive female speakers at our events and at our National Conference. Two of our three National Conference co-chairs this year are women.  The TMA is concerned that (for example), only 9% of registered liquidators are women (given how many TMA members have a formal insolvency background), a matter which the TMA raised in its recent written and oral submissions (which included very practical law reform suggestions) to the Parliamentary Joint Committee into Corporate Insolvency – view here

The TMA Network of Women (TMA NOW) is an affinity group within TMA, created to foster female leadership by creating the premier business development and networking group for women in the turnaround community. TMA NOW aims to provide substantive educational programming and networking opportunities to promote career growth and help retain and promote women in restructuring and turnaround.

TMA NOW strives to create an environment for people to meet and connect with each other, build educational programming at the global and chapter level, and encourage women to engage in leadership positions within TMA and at their firms. To this end, the key goals of TMA NOW are to:

• Attract, retain and promote women in restructuring and turnaround;
• Engage more women in senior leadership positions within our chapter by creating more visibility and awareness of available leadership opportunities;
• Increase the participation and number of offerings for women’s networking events, educational sessions, and professional development opportunities;
• Offer education and content to female members to promote professional growth.

TMA Australia is thrilled to announce a three-year sponsorship by Houlihan Lokey of the TMA Network of Women (NOW). TMA NOW passionately champions the participation of women in turnaround and restructuring and promotes their professional growth. Together this partnership with Houlihan Lokey will offer invaluable leadership and learning opportunities for women, including an incredible scholarship program.

A major thank you to Houlihan Lokey Senior Vice President Lucy Gao and Managing Director Jim McKnight (pictured), for their ongoing support. Stay tuned for more information on the leadership program and scholarships.

“It is critical for organisations to show leadership on this issue, and gender equality in restructuring and turnaround matters to Houlihan Lokey. With this sponsorship, we are looking to produce real outcomes and to ensure that women are fully participating in our industry, properly reflecting their numbers, qualifications and talent. We are thrilled that @Lucy Gao will be leading this initiative for Houlihan Lokey.
Jim McKnight, Houlihan Lokey’s Australian Managing Director

For more information, contact the TMA office – info@turnaround.org.au

Key features of the sponsorship:

• Scholarships to enable emerging women to attend national/international TMA conferences.

• Bespoke and directed training for emerging women.

• NOW Networking events

• Other bespoke initiatives which may involve specific lobbying or campaign

The TMA NOW – Houlihan Lokey Leadership Program is designed to support the development of women’s skills and professional networks, so that they can become leaders in their organisations and in the TMA. We know, for example, just 9% of registered liquidators are women and more work needs to be done to move the dial towards gender equity in our industry more broadly. We look forward to working with Houlihan Lokey to provide valuable education and support for our female members and take the lead on this important issue.”
TMA Australia Chair, Maria O’Brien

A message from Jennifer Ball, TMA Australia Director

As the past Chair and Board member of TMA Australia, it is personally important to me that the TMA do what it can to embolden, motivate and inspire our emerging young professional women, and to do what I can in my position to achieve those ends.

TMA can provide unique networking opportunities to promote the career growth and empower our talented young women. We can become instrumental in connecting our talented young women with our senior members, who can advocate for our emerging talented young women and help them to break through the glass ceiling.

That’s why I encourage you to take part in our Dinner Initiative.  Read more here

The purpose is simple; to listen, learn and inspire each other through meaningful dialogue and cultivate a connection, which will provide opportunities and career progression for our young women TMA members. The focus has been on how the TMA can help our younger women connect with our more senior TMA members, who have the power and influence to drive change in advocating for and in empowering our younger TMA women to achieve gender equality, advance their careers, and increase leadership roles.

Jennifer Ball (Clayton Utz), TMA Director