Headshot image of board member at Australia Shareholders Association.
Taken on 30-08-23
Photographer Udo Bucher for Brickworks Imagery.

Rachel Waterhouse

Chief Executive Officer

Rachel Waterhouse is Chief Executive Officer of the Australian Shareholders’ Association (ASA) and a leading advocate for individual investors.

Rachel is a regular commentator on Australian companies, investing and capital markets, with a particular focus on shareholder rights, corporate governance, board accountability, executive remuneration and the issues affecting individual investors.
As CEO of ASA, Rachel leads the organisation’s advocacy, education and member engagement, representing the interests of individual investors in discussions with ASX-listed companies, government, regulators and other market participants. She is a member of ASIC’s Corporate Governance Consultative Panel.
Rachel has more than 25 years of business leadership experience across financial services, industry and professional associations. She has held senior roles at Cuscal, St.George Bank, the Australian Institute of Company Directors and Governance Institute of Australia, with experience spanning strategy, growth, communications, education and stakeholder engagement.
A long-term investor herself, Rachel is passionate about helping Australians become informed, confident and engaged investors and ensuring individual shareholders have a meaningful voice in Australia’s capital markets.
Rachel holds a Master of Business Administration (Executive), a Graduate Diploma of Applied Corporate Governance and Risk Management and a Bachelor of Business (Industrial Relations). She is a Chartered Governance Professional.

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