New South Wales

Insolvency presenters - Amanda Coneyworth (KPMG), Tony Pilimon (Rexel), Joe Laban (Schneider), Kathy Sozou (McGrathNicol), Hannah Griffiths (Gilchrist Connell), Fiona Reynolds (TurksLegal), Balveen Saini (NSW Division President), Andrew Spring (Jirsch Sutherland) and Nicholas Boyce (Results Legal).

NSW Presidents Report So much has changed since I last addressed our members, sponsors and industry colleagues.

Most of you are probably flicking through the magazine and reading from your home office as you do your very best to adhere to social distaining. In doing so the days may feel long, and the weekends even longer. The buzzing office environment and phone ringing off the hook all feels like a distant memory; so, don’t forget to check in with your colleagues and friends (especially those who are home schooling their children).

As a council, us here in NSW are closely following the issues unfolding around COVID-19. The health and safety of our councillors, members and broader community is of paramount importance.

We are actively monitoring updates from the Federal Government, noting that those updates and advice remain the primary source of COVID-19 response information.

Currently our approach remains business as usual, and through our ability to work remotely and securely if needed, our commitment to you all will not be disrupted.

In an effort of ensuring that our members and sponsors are being supported by the NSW Council, we are committed to creating more value out of your membership, providing more opportunities for engagement with webinars and education, and to our dedicated sponsors.

In the interests of remaining optimistic I would like to think that next time I sit down to prepare my report that I will be in a position to reel off a list of upcoming events and functions.

In the time being, we hope you, and your families, are remaining safe and healthy and as we adapt to this ‘whole new world’. – Balveen Saini AICM NSW President

Georgia Barbera and Priscilla Pillay (both Bingo Industries).

NSW – National Insolvency Seminar On 12 March 2020, the AICM’s NSW members were fortunate enough be involved in the informative, insightful and educational 2020 National Insolvency Seminar.

The AICM, in collaboration with ARITA, developed a national committee of credit, legal and insolvency professionals who discussed, deliberated and debated the current issues affecting industry professionals.

The sessions were structured around, Insolvency risk in Australia, using the tools available to achieve better returns and utilising informal arrangements. Then there were panellists who debated the current and emerging challenges for credit professionals.

All the speakers, and moderators, delivered their sessions in an intellectual and professional manner. All the speakers were engaged and fully committed themselves to the day, which resulted in it being such a success for AICM’s members and stakeholders. Those speakers were: z Insolvency Risk in Australia – Nick Pilavidis (AICM

CEO).

Andrew Spring (Jirsch Sutherland), Nicholas Boyce (Results Legal), Joe Laban (Schnieder) and Tony Pilimon (Rexel).

Danielle Funston (Maddocks), Joe Laban (Metcash) and Kathy Sozou (McGrathNicol).

Maria Pacheco and Bruce Bills (both Metcash).

z How to use the tools available to you to achieve better returns – Balveen Saini (Associate at BBW Lawyers), Danielle Funston (Partner at Maddocks), Kathy Sozou (Partner at McGrath Nicol) and Joe Labam (Regional Credit & Treasury Manager at

Schneider Electric). z How to get the best outcomes from informal arrangements – Fiona Reynolds (Partner at TurksLegal), Amanda Coneyworth (Director at KPMG), Hannah Griffiths (Senior Associate at Gilchrist Connell) and Tony Pilimon (National Credit Manager at Rexel Holding Australia). z Debate of the current and emerging challenges for credit professionals – Andrew Spring (Partner at Jirsch Sutherland), Nicholas Boyce (Associate at Results Legal), Tony Pilimon (National Credit Manager at Rexel Holding Australia) and Joe Labam (Regional

Credit & Treasury Manager at Schneider Electric). The AICM partners with organisations to ensure that high quality seminars and events are delivered to its members and stakeholders. As such there were representatives

Darrin Mitchell (Matthews Folbigg), Matthew Hollands (Boral), Tanya Nightingale and Brianna Murray (both Northern Beaches Council).

from the national partnership with Jirsch Sutherland, Turks Legal, illion and Equifax who were present. And, were representatives from AICM’s divisional partnerships with, AMPAC, Onguard, Results Legal, and Esker.

Meet a NSW Councillor Treacy Ellen Sheehan

is currently Managing Director/Owner of Trace Personnel Pty Limited

Treacy started her journey in the Hospitality industry working in 5-star venues such as the Sydney Opera House, Town Hall, Sydney Art Gallery, National Maritime Museum and Botanic Gardens Restaurant working primarily as Sales and Marketing Manager and Events Manager within the various venues for 15+ years.

She holds a passion for the people that make up the industry and what the AICM stands for which is why she has supported the Credit industry and the AICM in

particular for over 21 years, from sponsoring nationally, NSW councillor and volunteering for ad hoc events. Her business has been built on trusting and loyal relationships coupled with providing the credit/risk/debt management and associated industries with superior staffing both contract and permanent.

She loves to be involved with events be it evening or day networking on a range of topical issues, larger events include the YCP, WinC, Credit Team of the Year and end of year events like the Pinnacle Awards evening 2002-2007 Membership & driving membership growth and services. Treacy became a councillor 10 years with involvement at council level and then when her business first opened, they were heavily involved in the sponsorship side of AICM.

Her achievement is mentoring YCP candidates and the induction of Women in Credit nationally – with the committee particularly now that she is older, she likes to help with the Young Credit Professional Awards and WiNC. She is especially passionate about the “newbies” entering into the industry and having the curb appeal to pursue a career in credit.

Her passions aside from Credit/work: My sons & stepchildren and extended family and friends, travelling – especially to Ireland and USA, fabulous food and wine (probably too much of both :-), walking and pilates.

NSW Meet a Sponsor Georgina Wu How long have you been working at Turks Legal? Almost 5 years

What is your position? Special Counsel in commercial disputes and transactions

What are your passions aside from work? I’m passionate about baking, especially gum paste and fondant art. I love gum paste sculpting and watching various online tutorials. I make all the birthday cakes for my close friends; they often pick a theme and I would research it and create the cake.

An interesting fact about yourself? I used to love eating ramen and I was always on the hunt for the best ramen in town but this all changed after I entered a ramen eating challenge where I was required to finish 1.2kg of noodles, 300 grams of meat & vegies and 2.5 liters of broth within 1 hour. few recent VA’s including Virgin that the Administrators sought ex part relief from the courts for blanket relaxation of their personal liability as Administrators and that relief was granted for a period of many months? Was this done without prior notification to the creditors?

Did you know? Credit scoring is rife with controversy, including vulnerability to errors. The rise in automated lending decisions, the billions of pieces of data handled each day, as well as the explosion of identity theft has left major rooms for error in scoring

Credit Quote of the Month “As we move to return to normal take the time to consider which parts of normal are worth rushing back to.”

The Australian Institute of Credit Management welcomes our Partners for 2020.

National Partners

Trusted Insights. Responsible Decisions.

Divisional Partners

CREDIT MANAGEMENT SOFTWARE

Official Division Supporting Sponsors

Our National, Divisional and Professional Partners support and work with the AICM to promote the Institute’s activities, represent the Credit Industry and develop the careers of all Credit Professionals. As these organisations support your Institute and your Industry please consider them when you require assistance.