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APRA announces 2013 Brian Gray Scholarship recipients

Friday 9 August 2013


The Australian Prudential Regulation Authority (APRA) today announced the four recipients of the 2013 Brian Gray Scholarship to study topics in the financial sector.

The Brian Gray Scholarship program was established by APRA and the Reserve Bank of Australia in September 2002 in memory of Brian Gray, APRA's former Executive General Manager, Policy Research and Consulting, who spent more than two decades shaping regulatory policy in the financial area in his roles at the RBA and APRA. The scholarships are valued at $15,000 each.

The recipients of the 2013 scholarship are:

  • Pearpilai Jutasompakorn — PhD candidate (Finance), Monash University;
  • Melissa Ljubic — Honours candidate, Bachelor of Commerce (Honours) in Economics, University of Wollongong;
  • Elise Nisbet — Honours candidate, Bachelor of Commerce (Finance)/Bachelor of Laws and Legal Practice, Flinders University; and
  • Jason Zhiwei Qu — Honours candidate, Bachelor of Economics/Commerce (Economics), University of New South Wales.

Under this Scholarship program, the recipients will devote a substantial amount of time to an agreed research topic and present their findings to APRA upon completion of their research. The scholarship winners will be researching the following topics:

  • Predicting the success of government intervention against a banking crisis — Pearpilai Jutasompakorn;
  • A cross national panel data analysis of multidimensional deprivation — Melissa Ljubic;
  • Influence of board structure on the performance and governance framework of superannuation funds in Australia — Elise Nisbet; and
  • A productivity and efficiency analysis of the Australian superannuation industry: the impact of competitive constraint — Jason Zhiwei Qu.

The Scholarship program is open to Australian and New Zealand citizens and permanent residents who are currently studying a topic of relevance to prudential regulation. While the program focuses on honours year students, postgraduate students can also apply.

More information on the Brian Gray Scholarship is available on the APRA website.

The Australian Prudential Regulation Authority (APRA) is the prudential regulator of the financial services industry. It oversees banks, credit unions, building societies, general insurance and reinsurance companies, life insurance, private health insurers, friendly societies, and most members of the superannuation industry. APRA currently supervises institutions holding $6 trillion in assets for Australian depositors, policyholders and superannuation fund members.