Dr Jeffrey Carmichael AO spoke at the ADC Future Summit 2012.Dr. Carmichael advises governments on regulatory structure, design, and effectiveness. Prior to joining Promontory he was Chairman of the Australian Prudential Regulation Authority (APRA) with responsibility for regulating and supervising banks, insurance companies and pension funds. His career includes senior positions in a 20-year career with the Reserve Bank of Australia, seven years as Professor of Finance at Bond University, and appointment to a number of Government inquiries including the Wallis Inquiry into the Australian financial system. He has served on a number of Government and private sector Boards. Dr Carmichael has published over 40 professional articles in a number of the world’s top economics and finance journals, has a Ph.D in economics from Princeton University, and in 1995 was awarded an Officer of the Order of Australia (AO) for his service to finance, education and the community.