ASL is a provider of specialised wholesale payments services

ASL was formed in 1993 as a mutual organisation by our founding members to provide settlement services and allow them to participate in the various financial sector clearing streams. ASL today is still an organisation which, like many of its clients, is owned by its members and supplies services to those members. ASL’s members include major mutual financial institutions.

ASL provides high quality, value for money and efficient settlement and transaction processing services to our members. Through the aggregation of our members transactions we are able to significantly reduce transaction costs associated with settling cheque, direct entry, scheme card, BPAY and other financial transactions.

As an Authorised Deposit-taking Institution, ASL is under the supervision and regulation of the Australian Prudential Regulation Authority (APRA) and the Reserve Bank.

ASL was the first non-bank to have an Exchange Settlement Account at the Reserve Bank.

Since inception, ASL has progressively grown our various products and services so as to continue to meet the evolving needs of our members and industry. This expansion has occurred without ever one settlement problem. While starting from a simple settlement service organisation, ASL can now provide our members access to a complete set of payment related services and participation in all the payment clearing streams within the Australian market.

Board of Directors

Graeme Willis Independent Director
Chairman of the Board
Mr Willis has had a career spanning over 40 years within financial services, including board and executive management positions with major European and Australasian banks. He has completed a Management Development program at the Harvard Business School. Mr Willis is a Senior Fellow of the Financial Services Institute of Australasia, Australian Institute of Bankers, Australian Institute of Company Directors, Chartered Institute of Bankers (Scotland) and the Governance Institute of Australia. Mr Willis was appointed the Chairman of the Board on 30 October 2018. Mr Willis is ASL Chair, Chair of the Governance & People & Culture Committee, and member of the Contracts & Pricing and Risk Committee.
Claudia Bels Independent Director
Ms Bels is a professional non-executive Director with extensive legal, governance, risk management and financial expertise. Ms Bels has over 25 years’ experience across the government, member services and international banking and finance sectors having previously held the role of General Counsel & Board Secretary for the Export Finance and Insurance Corporation and General Counsel (and Chief Risk Officer) for the Law Society of NSW. She is currently a Non-Executive Director of Australia & New Zealand Recycling Platform Limited (Techcollect), CBHS Corporate Health Pty Ltd and Local Government Super. She also chairs a number of Committees for these companies. Ms Bels is the Chair of the company’s Risk and Contracts & Pricing Committees and is a member of the company’s Audit and Governance & People & Vulture Committees.
Mark Colless Newcastle Permanent Building Society
Mr Colless is currently the Deputy Chief Financial Officer of Newcastle Permanent Building Society Limited. He is a Chartered Accountant with over 20 years’ experience in financial services industry, chartered accounting and commercial enterprises. Mr Colless holds a Bachelor of Commerce from the University of Sydney and a Master of Business Administration from the Macquarie Graduate School of Management. Mr Colless is a member of the company’s Audit and Risk Committees
Sybil Crasto Volt Bank
Ms Crasto is Head of Payments and Cards with Volt Bank and has over 18 years’ global transaction banking and portfolio management experience. Her experience includes corporate and public sectors in the areas of financial services, cash management, international payments, digital product development & transformation, client services and regulatory compliance across payment streams which include SWIFT, AusPayNet, eftpos, BPAY and VISA. Prior to joining Volt Bank Ms Crasto held senior roles, locally and internationally, in Westpac, Citigroup and ABN AMRO. Ms Crasto holds a Bachelor of Commerce and Certification in International Cash Management. Ms Crasto is a member of the company’s Digital Committee.
Garry Dinnie Independent Director
Mr Dinnie is a Director of CareFlight Limited, Integrated Research Limited and a director of a number of private companies. He is also Chair or member of several other Audit & Risk Committees of the NSW public sector and private sector entities. He was previously a partner with Ernst & Young for 25 years specialising in audit, risk, advisory and IT services. Mr Dinnie is the Chair of the company’s Audit Committee and is a member of the company’s Risk, Contracts & Pricing, and Governance & People & Culture Committees.
Dale Grounds The Capricornian
Mr Grounds is the CEO of the The Capricornian Ltd. Mr Grounds has over 30 years in total in Financial Services, in both urban and regional locations, and has undertaken a range of senior management and executive roles focusing on effective leadership, people, customers, operations, marketing, business analysis/project management and organisational change and improvement. Mr Grounds holds a Bachelor of Arts (Economics) UQ, Graduate Diploma of Management CQU, Graduate Diploma of Financial Administration CQU and Master’s Degree in Business Administration.
Peter Lock Heritage Bank
Mr Lock is the Chief Executive Officer of Heritage Bank Limited. Mr Lock has more than 30 years' experience in the financial services industry spanning insurance, institutional banking, business development, business banking and corporate banking. He has held senior management roles at the Bank of Melbourne, St George Bank, and Commonwealth Bank of Australia, following a career with the National Australia Bank. Mr Lock is a Senior Fellow of the Financial Services Institute of Australasia, and a Graduate Member of the Australian Institute of Company Directors. He has a keen interest in leadership and community, has been part of numerous capacity-building committees in a mentoring capacity and holds a Bachelor of Business and a Master of Business Administration from the University of South Australia. Mr Lock is a member of the company’s Digital and Risk Committees.
Rob Ryan IMB Limited
Mr Ryan is the Chief Executive Officer of IMB Limited. Mr Ryan joined IMB Limited in 1999. Mr Ryan is a director of IMB Financial Planning Limited and The Flagstaff Group. Mr Ryan was appointed to the University of Wollongong Council by the NSW Minister for Education and Training in January 2010 and is on the Board of the University of Wollongong in Dubai. Prior to joining IMB, Mr Ryan held the positions of Managing Director, Chief Financial Officer and Company Secretary at Australian Resources Limited. Mr Ryan has extensive experience in finance and management at senior executive and Board level, has been involved in the formulation and implementation of strategic business plans and financial restructuring, staff management and development, as well as evaluation of acquisitions and divestments. Mr Ryan is a member of the company’s Digital and People & Governance & Culture Committees.
Bruce White Greater Bank
Mr White has been working in the finance and manufacturing industries for close to 30 years. He joined Greater Bank Limited in 2010 as Chief Information Officer. Mr White has 16 years exposure to the operation of payment schemes in Australia. In his current role, Mr White has executive management of Greater Bank’s payment functions as well as the technology functions. Mr White is the Chair of the company’s Digital Committee.

Leadership Team

Mark Tibbles
Chief Executive Officer
Mr Tibbles is an accomplished payment professional with over 25 years of experience working in the Information Technology and Payments industry in Australia and overseas. He has held roles at CBA, Westpac, Clydesdale & Yorkshire Bank, Wirecard NZ and Verifone. Mark possesses a wide range of skills covering Payments, E-payments, Merchant Services, Business Relationship Management, Product Management/Development, Sales/Relationship, Strategy, Marketing, Operations and Delivery, Fraud and Risk Management.
Anthony Roberts
Chief Financial Officer
Mr Roberts is a pragmatic, commercially focused finance professional with a track record of accomplishment in enabling organisations to succeed. A fellow of CPA Australia and Master of Commerce from Macquarie University, Mr Roberts has held senior Finance roles in Australia and internationally and has led change and strategic projects as a management consultant and finance executive.
Mathew Crichton
Chief Information Officer

Mr Crichton has over 25 years experience across the Financial, Insurance and Manufacturing sectors. He has held technology, transformation and innovation roles in Westpac, General Electric and BHP.

Mr Crichton holds a degree in Computer Science and Mathematics. He is a certified Project Management Professional with the Project Management Institute and a certified Black Belt in Six Sigma.

Bruce Potter
Chief Member Officer
Mr Potter has over 30 years experience within the Banking and Finance Industry. Bruce held numerous management roles with the Commonwealth Bank during his 22 years of service and also with Uniting Financial Services and Coal Services Pty Limited. He has experience in Customer Relations, Sales, Product Development and Process Risk Analysis. He is also a member of the Australasian Mutuals Institute.
Rubi Westman
Chief Risk Officer

Ms Westman has over 10 years’ experience working in Internal Audit and Operational Risk Management. During this time, Rubi spent several years working as an Internal Audit Manager in a Big 4 CA Firm in Sydney. Rubi has extensive experience in working with Internal Audit and Risk Management policies, procedures and systems across a wide range of industries including Financial Services, Consumer Business, Sales & Marketing, Construction within both Australia and the United Kingdom. Rubi holds a Bachelor of Commerce Degree majoring in Accounting and Commercial Law, and is a Member of the Australasian Mutuals Institute.

Allan McGregor
Company Secretary & Chief Compliance Officer

Mr McGregor has over 25 years of experience working in Risk Management, Compliance, Project Management, Governance, Company Secretarial and Internal Audit. During this time Allan has gained extensive experience through roles in Banking, Insurance, Foreign Exchange and Energy industries in Australia including broader involvement in the Asia Pacific region.

Allan holds a Bachelor of Science Degree and Master of Commerce in Finance and is a Member of the Australian Institute of Risk Management.