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TEQSA welcomes new Commissioner Stephen Somogyi

3 November 2021

TEQSA has welcomed the appointment of Stephen Somogyi as TEQSA Commissioner.

The Minister for Education and Youth, the Hon Alan Tudge MP, confirmed Mr Somogyi’s appointment earlier today.

TEQSA’s Chief Commissioner Professor Peter Coaldrake AO welcomed Mr Somogyi to the national regulatory and quality assurance agency for higher education, noting his extensive global experience in the financial services, health care, higher education and prudential regulation sectors would benefit the TEQSA Commission.

“Mr Somogyi brings extensive experience in relation to regulatory matters, the higher education and commercial sectors to the TEQSA Commission,” Professor Coaldrake said. 

“His financial background will strengthen our ability to protect student interests and the reputation of Australian higher education as Australia’s higher education sector recovers from the impact of the pandemic.”

Prior to joining TEQSA, Mr Somogyi worked as a Strategic Adviser to Monash University, Victoria University, the University of Melbourne, University of Adelaide, Siemens, Queensland Investment Corporation and the Australian Council of Education Research. He is a member of the Expert Review Group for ACER with respect to Financial Adviser exams.

A Fellow of the Institute of Actuaries of Australia, of the Australian Institute of Company Directors and of the Financial Services Institute of Australia, he formerly served 10 years as Chief Operating Officer at RMIT University. 

Mr Somogyi has also held a range of senior roles in government and industry including the Australian Prudential Regulation Authority, Trowbridge Consulting, Mayne Nickless and CGU Insurance. His work on boards includes service as Member of the Safety, Rehabilitation and Compensation Commission, Chair of Guild Group and as Director of UniSuper.

Mr Somogyi’s five-year-term as TEQSA Commissioner commences from 1 November. This returns the TEQSA Commission to four members – the other members are Chief Commissioner Professor Coaldrake, TEQSA Commissioner Emeritus Professor Joan Cooper and TEQSA Commissioner Ms Adrienne Nieuwenhuis.

Media contact

Bryan Allchin, TEQSA - 0437 103 012 or comms [at] teqsa.gov.au.