ipac co-founder and executive director Paul Clitheroe has received another honour and major recognition of his involvement in, and commitment to, enhancing financial literacy, particularly amongst younger Australians.
On the 20th November 2012 Macquarie University appointed Paul Clitheroe as its inaugural Chair in Financial Literacy. This adds to Paul’s existing role as Chairman of the Australian Government Financial Literacy Board, and also enhances his already major standing in this area, for which he was appointed a Member of the Order of Australia (AM) in 2008.
Executive Dean of the Faculty of Business and Economics at Macquarie University, Professor Mark Gabbott, said the establishment of the Chair would lead to many public benefits.
“We want to give our students the skills to better navigate today’s complex financial world, and the Chair will have an active role in teaching and in curriculum development. “
Professor Gabbott added, “Paul’s professional career has been dominated by a commitment to improving everyday Australians’ understanding of money, and we couldn’t ask for a more experienced or respected advocate for financial literacy.”
On receiving his appointment, Paul said, “If we can improve the financial literacy of students as 18 and 19 year olds, we can not only help ensure they gain the benefits throughout their lives, but also positively influence their children from the earliest age.
“I’m also very keen to add to the worldwide body of research into financial literacy, and to work with such a well-regarded faculty as Macquarie University.”