John A. Fraser (businessman)

{{Short description|Australian public servant|bot=PearBOT 5}}

{{Use dmy dates|date=August 2020}}

{{Use Australian English|date=August 2011}}

{{Infobox officeholder

| honorific-prefix =

| name = John Fraser

| honorific-suffix =

| image =

| imagesize =

| office = Secretary of the Department of the Treasury

| term_start = 15 January 2015

| term_end = 31 July 2018

| predecessor = Martin Parkinson

| successor = Philip Gaetjens

| nationality = Australian

| alma_mater = Monash University

| birth_name = John Arthur Fraser

| birth_date = {{birth date and age|1951|8|8|df=y}}

| birth_place = Armadale, Victoria, Australia

| death_date =

| death_place =

| spouse =

| occupation = Public servant, businessman

| website =

| signature = John A. Fraser signature.svg

}}

John Arthur Fraser (born 8 August 1951) is an Australian public servant. He commenced in his role as Secretary of the Department of the Treasury in January 2015, and announced his retirement in July 2018.

Life and career

Fraser graduated from Monash University in Australia in 1972 with a first class honours degree in Economics. He worked for the Australian Treasury, including two international postings to Washington DC, firstly at the International Monetary Fund and then as Economic Minister at the Australian embassy. He was Deputy Secretary (Economic) of the Department of the Treasury.

Fraser joined the UBS Group in Australia in 1993 and was named Head of Asia Pacific for the Business Group in 1999. From 1994 to 1998 he was Executive Chairman and CEO of Swiss Bank Corporation's division SBC Australia Funds Management Ltd.{{cite web|url=http://www.secinfo.com/dsvr4.z7rf.htm |title=John A. Fraser career details |publisher=SECinfo |accessdate=2008-10-13 |url-status=bot: unknown |archiveurl=https://archive.today/20120806065311/http://www.secinfo.com/dsvr4.z7rf.htm |archivedate= 6 August 2012 }} He was Chairman and CEO of UBS Global Asset Management from December 2001 until December 2013.{{cite news|url=http://www.theaustralian.com.au/business/industry-sectors/aussie-expat-at-summit-of-uk-banking/story-e6frg96f-1111115209868|title=Aussie expat at summit of UK banking|last=Wilson|first=Peter|date=29 December 2007|work=The Australian|accessdate=23 May 2010}}{{citation|url=http://www.ubs.com/global/en/about_ubs/corporate-governance/group-executive-board/cv-john-fraser.html|archiveurl=https://web.archive.org/web/20131222055209/http://www.ubs.com/global/en/about_ubs/corporate-governance/group-executive-board/cv-john-fraser.html|archivedate=22 December 2013|title=John A. Fraser|publisher=UBS Group}} Prior to that, he was president and chief operating officer of UBS Asset Management and Head of Asia Pacific.{{cite news|last=Logutenkova|first=Elena|title=UBS Names Ulrich Koerner to Head Asset Management Unit|url=https://www.bloomberg.com/news/2013-12-05/ubs-names-koerner-asset-management-head-as-fraser-retires-1-.html|newspaper=Bloomberg|date=5 December 2013 |accessdate=20 March 2014}}

In December 2014, Prime Minister Tony Abbott announced John Fraser's appointment as Secretary of the Treasury Department, to commence 15 January 2015.{{cite news|url=http://www.theaustralian.com.au/national-affairs/politics-news/banker-john-fraser-takes-treasury-secretary-role/story-fn59nqld-1227148548468|title=Banker John Fraser takes Treasury secretary role|newspaper=The Australian|publisher=News Ltd|date=8 December 2014|first=Dennis|last=Shanahan}}{{cite news|url=https://www.theguardian.com/australia-news/2014/dec/08/john-fraser-replaces-martin-parkinson-as-treasury-secretary|newspaper=The Guardian|title=John Fraser replaces Martin Parkinson as Treasury secretary|first=Daniel|last=Hurst|date=8 December 2014|archivedate=8 December 2014|archiveurl=https://web.archive.org/web/20141208081543/http://www.theguardian.com/australia-news/2014/dec/08/john-fraser-replaces-martin-parkinson-as-treasury-secretary}}{{cite news|url=http://www.smh.com.au/national/public-service/john-fraser-appointed-treasury-secretary-20141208-122l50.html|title=John Fraser appointed Treasury Secretary|date=8 December 2014|newspaper=The Sydney Morning Herald|publisher=Fairfax Media|archivedate=8 December 2014|archiveurl=https://web.archive.org/web/20141208080451/http://www.smh.com.au/national/public-service/john-fraser-appointed-treasury-secretary-20141208-122l50.html|url-status=live}}{{cite news|url=http://www.brisbanetimes.com.au/national/duty-calls-john-fraser-back-to-head-australias-treasury-20141208-122qqx.html|newspaper=Brisbane Times|first=Peter|last=Martin|date=8 December 2014|title=Duty calls John Fraser back to head Australia's treasury|publisher=Fairfax Media|archiveurl=https://web.archive.org/web/20141208080927/http://www.brisbanetimes.com.au/national/duty-calls-john-fraser-back-to-head-australias-treasury-20141208-122qqx.html|archivedate=8 December 2014}} The appointment is for five years.{{cite news|url=http://news.theage.com.au/breaking-news-national/former-public-servant-to-head-treasury-20141208-3m3e5.html|newspaper=The Age|title=Former public servant to head Treasury|publisher=Fairfax Media|date=8 December 2014|agency=AAP|archivedate=8 December 2014|archiveurl=https://web.archive.org/web/20141208081310/http://news.theage.com.au/breaking-news-national/former-public-servant-to-head-treasury-20141208-3m3e5.html|url-status=live}} Treasurer Joe Hockey said that, in his new role, Fraser would be asked to undertake a thorough review of the Treasury Department's resources and capabilities.{{cite news|url=http://www.abc.net.au/news/2014-12-08/john-fraser-named-as-new-secretary-of-treasury/5952154|archivedate=8 December 2014|date=8 December 2014|archiveurl=https://web.archive.org/web/20141208081126/http://www.abc.net.au/news/2014-12-08/john-fraser-named-as-new-secretary-of-treasury/5952154|title=John Fraser named as new secretary of Treasury Department after departure of Martin Parkinson|publisher=Australian Broadcasting Commission|first=Simon|last=Cullen}} On 12 July 2018, Prime Minister Malcolm Turnbull announced that Fraser had resigned as Treasury Secretary, effective 31 July, and that he would be replaced by Philip Gaetjens.{{cite news |title=Treasury secretary resigns to be replaced by Treasurer's former right-hand man |url=http://www.abc.net.au/news/2018-07-12/treasury-secretary-john-fraser-to-resign-this-month/9986290 |accessdate=12 July 2018 |work=ABC News |date=12 July 2018 }}

Fraser was a member of the Board of Governors at the Marymount International School in Kingston-upon-Thames from 2007 to 2012.Who's Who in Australia 2017, ConnectWeb.

References