Jeff Morris on McBride & Brennan - 1 April 2023

GUEST OVERVIEW: Jeff Morris has worked in financial services since graduating in Economics and Law from Sydney University in 1985. He became a Vice President of the investment bank Bankers Trust and worked for the Commonwealth Bank as a financial planner in 2008. He became a whistleblower to ASIC in 2008 and achieved a measure of vindication when CBA was hit with an enforceable undertaking and forced to compensate victims of malpractice. He suffered retaliation, including a death threat, was diagnosed with PTSD in 2011 and resigned from CBA in February 2013 with a resolve to pursue a Royal Commission into the banking industry, teaming up with journalist Adele Ferguson and Senator John 'Wacka' Williams to secure a Senate Inquiry in June 2013 as a first step. He testified and provided 9 submissions to the Inquiry. The Senate Inquiry reported in June 2014 and its' damning report fully vindicated Jeff Morris and endorsed the call for a Royal Commission. The Banking Royal Commission was finally called in December 2017, exposing egregious misconduct and fully vindicating the stance he had taken since 2008. Literally $Billions in compensation has been paid to victims of bank malpractice as a result of the fire lit by Jeff Morris. Both the Chairman and CEO of CBA eventually apologised to him personally.. His career in financial services was however ended by his whistle blowing. Today he tries to help others going through the whistle blowing journey and campaigns for the reform of whistle blower laws.