The Oath

Trust is the foundation of my profession.

I will serve all interests in good faith.
I will compete with honour.
I will pursue my ends with ethical restraint.
I will help create a sustainable future.
I will help create a more just society.
I will speak out against wrongdoing and support others who do the same.
I will accept responsibility for my actions.

In these and all other matters;
My word is my bond.

The Vision

A banking and finance industry that
meets the community’s needs and has its full confidence thereby fulfilling its integral role in society.

2020 Young Ambassador Program 

Applications have now closed for The Banking and Finance Oath (The BFO) 2020 Young Ambassador Program - a Program that encourages and supports students, graduates and young people to adopt a strong ethical foundation as they begin their careers in the banking and finance industry.

This Program is an opportunity for young individuals with strong ethical principles and integrity to assert themselves, reflect on what they want to stand for as a future leader, and consider how they can contribute to the betterment of the industry going forward.

2019 Young Ambassador Program 

The Banking and Finance Oath (The BFO) has announced the successful participants of its 2019 Young Ambassador Program. Against the backdrop of The Royal Commission into Misconduct in the Banking, Superannuation and Financial Services, there is an opportunity for individuals with strong ethical principles and integrity to assert themselves, reflect on what they want to stand for as a future leader, and consider how they can contribute to the betterment of the industry going forward.

Congratulations to the 2019 cohort, pictured here with Deputy Governor of the RBA Guy Debelle (back left) and The BFO Chairman Dr John Laker. The 2019 Young Ambassadors pictured left to right are: Danielle Simpson, Rabobank, Alex Long, BOQ, Alisa Doronina, ANU, Christina Wu, Westpac Institutional, Philip Joseph-Hauser, AMP Capital. Missing tonight from the event was Alex Green, Sydney University. 

Video: The BFO 2019 Young Ambassador Event Highlights

Video: Deputy Governer of The RBA Guy Debelle on the power of the Oath


Video: Millenial expert Shadé Zahrai on working with purpose

Video: Hear from the Young Ambassadors on why The BFO is important

Video: 2018 Young Ambassadors self reflection project: I will serve all interests in good faith


The BFO 2019 Young Ambassadors

Alex Long
BOQ – Financial Crimes Officer

From humble beginnings working in a regional branch I truly found a passion offering an utmost personal customer service. Our culture at BOQ is all about being enthusiastic about our customers and exceeding all their expectations for a bank. The Banking and Finance Oath is an outstanding foundation which truly supports my ethical morals and values. It encourages myself and other signatories of the Oath to improve our society by encouraging the continual awareness and ethical standards within the banking and finance industry.
Working in fraud and financial crimes prevention I encounter numerous difficult cases where ethically and morally right decisions need to be made for our customers. The Oath guides me in my decision making when faced with these tough matters. This makes me proud to be a Young Ambassador.
One thing I will mention to any future Young Ambassador applicants is that you do not need a university degree to become a Young Ambassador. If you truly possess and demonstrate the ethical standards and values that the Oath promotes you will have no qualms in succeeding to champion the Oath. 
Dani Simpson
Agribusiness Manager at Rabobank NZ

I am proud to be a Young Ambassador because I believe in a future of banking and finance where it can be both ethical and profitable; where people do what is right rather than just what is legal. 
Christina Wu
Business Analyst (Strategy Transformation, and Risk) at Westpac Institutional Bank

I’m proud to work in an industry that has such immense potential to shape the future of the world and to help our communities grow sustainably. I’m even more proud knowing that as a Young Ambassador with The BFO, I stand with thousands of individuals who see it as their personal responsibility to uphold trust, integrity, and ethical practice in their professions while achieving great outcomes for the people they serve. I believe that collectively we can transform a ripple into a wave of change. A change that demonstrates to the world that doing business in banking and finance can be synonymous with doing good.
Philip Joseph-Hauser
Investment Specialist – Global Listed Real Estate at AMP Capital

It is an incredible opportunity to learn from the past experience of some of the most accomplished minds within our industry. I am only 2 years into my career but I have already learned that ethical decision making is not always black and white, and that the ‘right’ thing to do may not always be clear. One day I am sure I will be in a situation where an ethical dilemma will arise in my work and I want to be as prepared as possible for when that time comes.
It is clear that the banking and finance industry has a long way to go in terms of rebuilding trust within our community, especially after the findings of the Royal Commission. I believe now more than ever it is important for those within the industry to start working towards this, and being part of an organisation such as the BFO is a great first step. It is an honour to represent the BFO and I hope to encourage as many other people as possible to join this community so they can learn about ethics and how it relates to their job, regardless of how senior their position is.
Alex Green
Student at Sydney University

I'm proud to be a Young Ambassador for the BFO because as the last year has revealed, for a banking industry to be successful, it's participants need to maintain a high level of ethical integrity. When this is shown to not be the case, the industry loses the loyalty of its customers, it loses its ability to self-regulate and it also risks losing its most ethical members to other industries as they grow weary of working in a place that doesn't align with their values. The BFO is an organisation that recognises the fundamental need for ethics in the banking and finance industries and is seeking to rebuild the ethical foundations of the banking industry in Australia to be stronger than ever before. I believe this is a very worthwhile cause and I feel honoured to be a part of it.
Alisa Doronina
Student at Australian National University

I am proud to be a Young Ambassador with the BFO because integrity is one of my core values, and the BFO gives me a platform and a network to promote ethical behaviour among my peers. Being a signatory to the BFO, I also have access to various resources to keep abreast of the latest ethical issues in the industry.
As a former internal auditor, I have seen firsthand how weak governance and fraud can destroy shareholder value and corporate reputation. As a consultant, I know that no governance framework is foolproof. The findings of the Banking Royal Commission also highlight how our industry needs to lift standards and win back the Australian community's trust more than ever.
My status as a BFO Young Ambassador will enable me to have deep conversations with finance leaders across Australia about what needs to change.

The BFO 2017/2018 Young Ambassadors Alumni

Highlights from 2017/2018 presentation Ready to watch now

In October 2017 the Ambassadors were announced at a ceremony conducted by Deputy Governor of The Reserve Bank, Guy Debelle (pictured, centre). Industry leaders attended the event and the Ambassadors were recognised for the contributions they make to the industry.


Michael Leung

Michael shares the vision of the Banking and Finance Oath, which is to distil a set of guiding principles for ethical behaviour and a moral compass that guides decision making at a personal level. 

Read more about Michael


Elpitha Stavropoulos

Elpitha is committed to contributing to a changing financial system; change that brings awareness of both individual and organisational responsibilities to our society.

Read more about Elpitha


Zoe Parkin

Zoe believes that everyone in an organization, regardless of position or role, has the opportunity to positively impact an organization’s culture and reputation.  She is a strong advocate of the core principles of the BFO and is going to be an invaluable contribution to the ambassador program.  

Read more about Zoe


Ranie Nguyen

Ranie is keen to collaborate with the other Industry Young Ambassadors to promote the idea of professional excellence and championing ethical behaviour to serve the greater good of the financial industry.

Read more about Ranie

Michael Wang

Michael has high regard for ethical behaviours in business as he feels any deviation from such behaviour can have great implications. Michael's main motivation to join BFO as a student ambassador is to develop more critical thought about how to better shape his own actions and behaviour in alignment with the Oath, and then have the capacity to guide others in a same light.

Read more about Michael

Sam Batchelor

Through his active participation with student leadership and volunteering opportunities, Sam believes that you have to be the change you want to see in the world. He hopes that this opportunity will provide him with the framework to do so and assist in creating a financial culture that promotes a sustainable future. 

Read more about Sam