Meet the team behind The Mac Credit Union

Our Board

Geoff Ellis


Geoff is the Principal of the Profit Advantage Group (who are Business Advisors) and has extensive experience Nationally and Internationally in Accounting, Strategic Planning, Business Improvement, Corporate Governance and Management. Geoff has served on a number of National Centres of Excellence for CPA Australia & the Institute of Management Consultants as well having experience in successfully serving on a number of Boards. Geoff joined the Board of The Mac as an Associate in 2012 and was appointed as a Director in 2013, before being appointed Chairman of the Board in 2019. Geoff is also Chairman of the Executive Committee.
Geoff is a proud resident of the Macarthur Region and is actively involved in a number of other Community Groups.

Committee Memberships:
Chair, Board of Directors
Chair, Executive Committee
Fellow Australian Society of Certified Practising Accountants
Fellow Australian Institute of Management
Member Australian Mutuals Institute
Member Institute of Management Consultants
Member of the Australian Institute of Business Brokers
Certified Practising Business Broker
Master of Business (Management)
Bachelor of Business

Katie Palmer

Deputy Chair

CA, B.Bus, Adv Dip. Accounting, GAICD
Katie is the current CFO of Nepean Mining and Transport which is part of the privately owned Nepean Group, located in the Macarthur Area. With over 16 years’ experience in the manufacturing and project management sector, prior to Nepean, Katie worked as Financial Controller of CMI Electrical Products which is a division of CMI Limited. Katie has diverse experience, commercial acumen and proven success in driving growth, leading business transformation in the highly competitive mining and manufacturing sector.
Being a strategic business partner in her current role at Nepean and her previous role at CMI, Katie has driven major change both strategically and operationally, and achieved dramatic cost savings while transforming parts of these businesses to fit the current market. Along with improving business process, re-engineering inefficient companies & creating sustainable financial & operational models that were able to be integrated into a shared service environment, Katie is also a Macarthur local and treasurer of the Camden Show.

Committee Memberships:
Deputy Chair, Board of Directors
Chair, Audit Committee
Member, Executive Committee
Member, Risk Committee


Ian Counsell

MMgt, F Fin, GIA (Affiliate), MAICD, JP
Ian is a risk and compliance practitioner, with over 40 years' experience in a range of ADI's and corporate regulator management positions. He holds a Master of Management from the University of Wollongong. Ian has worked specifically in and around the mutual banking industry during the last 20 years, holding senior and executive positions responsible for Operational and Credit Risk. Ian has also held national corporate roles for an Australian Big 4 bank. Ian's practical risk and compliance experience has been enhanced with the unique opportunity of 5 years working with the Australian Securities and Investments Commission (ASIC).
Ian is active in his local community volunteering for a range of sporting and community groups. He has a long association with Scouts Australia as a Cub leader for more than 10 years and in regional governance roles with the Scouts association.

Committee Memberships:
Chair, Risk Committee
Member, Risk Committee
Member, Governance Committee 
Member, Australian Institute of Management 
Member, Governance Institute of Australia
Member, GRC Institute
Member, Risk Management Institute of Australia

Ashley Jennings

Ashley joined The Mac as a director in January 2020.
Ashley is the former Chief Executive Officer of Sydney Credit Union and brings 43 years of experience in executive management and leadership, working specifically in finance, strategy, risk management, corporate governance, Information Technology and audit and compliance. Innovative and technologically astute, Ashley brings expertise in developing governance models and driving operational and business change whilst maintaining the moral promise of upholding the fundamental principles of mutuality, transparency and fairness. In October 2010 the Customer Owned Banking Association (formerly ABACUS) awarded Ashley the Distinguished Service Award in recognition of an outstanding contribution to the Australian credit union industry. An accounting and investments graduate with an Advanced Diploma in Management, Ashley is currently the acting Chair of Transaction Solutions Limited, an IT service managed company whose competencies include hosting services, infrastructure, networks, security and business continuity solutions and end to end Cloud services.
Ashley has also held Board positions in the following areas: Financial Advisory Services, Shared Services and Training and Professional Development.
Ashley has been an active participant in community organisations, including the former Trustee / Director of the not-for-profit Australian Development Organisation CUFA (formerly known as the Credit Union Foundation Australia), delivering economic development, education, enterprise and employment projects across the Asia Pacific.
Ashley is currently a director and treasurer of the Karpaty Foundation, an organisation that provides grants and scholarships to individuals and organisations for the purpose of building a fair, just, creative and caring society.

Committee Memberships:
Chair, Governance Committee
Member, Audit Committee
Member, Executive Committee 

Phillip Rankin

CPA ATI JP & Registered Tax Agent
As a long-term resident of the Macarthur region Phillip has contributed to many local community groups, activities & local businesses.

Phillip has wide-ranging business finance experience across a broad range of business, holds formal accounting & finance qualifications and has extensive board knowledge & involvement having been a previous director & committee chairman of The Mac for 21 years. Phillip also serves as a director & committee chairman of North Sydney Retirement Trust.

Phillip has a long standing commitment to The Mac and has a strong connection to serving the Macarthur community. 

Committee Memberships:
Member, Governance Committee
Member, Risk Committee

Tony Schesser

Tony Schesser is an experienced CEO and Director, well connected at senior levels across multiple sectors including the Australian and US cooperative banking industries, affiliated industry service and fintec providers, professional firms, and the Australian Prudential Regulatory Authority (APRA).

Tony's professional experience has been gained within the mutual banking and insurance sectors, including multiple years with industry associate COBA, and most recently as CEO of the industry professional development organisation Instil. Tony also brings Insurance sector experience from his time with NRMA and AMP (prior to their respective demutualisation).

Tony's core competencies include experience in working with Boards and senior management in the development of strategic and business plans; strong awareness of market forces that continue to impact on customer owned banking; research and analytical skills; knowledge and understanding of the financial services sector regulatory regime; exposure to Fintech, industry technology, and core banking system fundamentals; and a comprehensive knowledge of the culture, systems, and workflows in place within mutuals.

Tony now runs a private consulting practice serving a niche market within Australia's Customer Owned Banking Sector. Tony's educational background includes a Masters of Business Administration from Charles Sturt University, in addition to an Advanced Diploma gained in HR Management.

Committee Memberships:
Member, Audit Committee
Member, Governance Committee

Our Management Team

Dave Cadden


Since 2007, Dave has worked with The Mac Board and Management Team to successfully deliver on our commitment to members. With a collaborative leadership style that directly supports an ethical and transparent culture, Dave believes strongly in traditional values consistently delivered in a contemporary world.

Having commenced working in financial services in 1973 and in executive management roles since 1992, Dave brings a wealth of strategic and operational knowledge to The Mac CEO role.

Active participation in local and industry committees, provides the opportunity for Dave to further contribute to our community and the Mutual banking sector.

Paul Brooks


Paul joined the team at The Mac in 2001. He has over 25 years’ experience in the Financial Services industry including roles as a practitioner & also a regulator. Paul is a Fellow of CPA Australia & holds a Graduate Diploma from the Australian Institute of Company Directors.

Paul has lived in the Macarthur region for over 20 years & in that time has been heavily involved in a number of community, Not-for-profit & School organisations at a Board/Committee level. Currently he holds the role of Treasurer on a local High School “P & C” Committee as well as Committee & Coaching roles with a local sporting organisation.

Rebecca Brookes


Rebecca has been with The Mac for over 18 years. Her career has progressed over the years through branches, administration and now in her current role as the Executive Manager of Member Services. Rebecca plays a key role in the strategic direction and management of The Mac. Rebecca & her family live in the Macarthur region. “Working and living in the Macarthur area, I've watched it grow and change to what it is today. I'm proud to be a part of a team that strives to improve the well-being of our members."

Craig Oliver


Craig joined The Mac in 2009, bringing 20 years’ experience in financial services with him. He is a Fellow of the Institute of Public Accountants and has managed Accounting, Compliance, Risk, Internal Audit and Operational functions. Craig is actively involved in several industry groups that promote development and co-operation within the Credit Union and Mutual Bank sector.