Our People

Board of Directors


Stephen Nugent


Member and owner since 2002

B Bus. (Marketing), Grad Cert Internet Mkt., AFAMI, JP, AMP (Harvard)

Chair of Directors,

Chair of Corporate Governance and Remuneration Committee

Mr Nugent joined the Board as a Director in May 2002. Stephen has more than 30 years experience in the finance and insurance industries and was formally the Chief Customer Officer for The Hospital Contributions Fund of Australia Limited (HCF). Stephen is also a Director of the Customer Owned Banking Association. Stephen brings to the Board a wide range of experience in project and operations management, process improvement, sales, marketing, customer service, financial management, Retirement and aged care, strategic planning and compliance. 


Jacki Johnson


Member and owner since 2005

BAppSc (OT), EMBA (AGSM), GradDip Safety Science, FAICD

Member of Corporate Governance and Remuneration Committee

Jacki is the Group Executive, People, Performance & Reputation of IAG, responsible for the functions of people and culture, corporate and government affairs, shared value, the Australian Business Roundtable and the IAG Foundation. She is also an elected member of the UNEP FI Global Steering Committee,  a member of Chief Executive Women and a member of the Steering Committee for  Sydney 100 Resilient Cities. From 2010 to 2016 Jacki was Chief Executive for IAG’s New Zealand business. Former roles include President of the Insurance Council of New Zealand, Chair of the Christchurch Recovery Chief Executives' meeting, and Executive Director IAG NZ. Since joining IAG in 2001, Jacki has held several senior positions in both direct and intermediated insurance, including as Chief Executive Officer of IAG’s business partnerships division, now part of CGU. Jacki also established IAG’s online start up business, The Buzz which received an Australia Business Award in 2010 for outstanding achievement in Innovation. Jacki was recognised by the NZ Herald in December 2015 as NZ Executive of the Year. She is a former Non Executive Director of the New South Wales WorkCover Authority and the Personal Injury Education Foundation. 

Nuria Kelly


Member and owner since 1989

Assoc Dip Accounting, Cert Financial Markets (SIA), Dip Law, Solicitor & Barristers Admission Board, MAMI

Member of Board Audit and Board Risk Committees

Ms Kelly joined the Board as an Associate Director in May 2002 and was elected to the Board in 2003. Nuria has more than 20 years experience in financial planning and management, with qualifications from the Securities Institute of Australia and an Associate Diploma in Accounting and a Diploma of Law. Nuria has recently retired as principal of a Financial Planning and Stockbroking Practice and brings to the Board her experience of working closely with Community First Members through her financial planning and stockbroking role. Nuria was previously Head of Financial Services Sydney with RSM Bird Cameron. Nuria is also a Director of Foot of the Mountains Pty Ltd which owns retail businesses in the Blue Mountains. Foot of the Mountains also holds interests in various properties and online businesses. 



Stuart Korchinski


Member and Owner since 2004

B. Comm (Honours), CPA, CA, MAMI

Member of Board Audit and Board Risk Committees

Mr Korchinski was appointed to the Board in June 2004 to fill a casual vacancy. Stuart has spent the last 27 years in the accounting profession and the general insurance, superannuation, wealth management and related technology industries in a variety of leadership roles. He is a Chartered Accountant and former Managing Director of ASX-listed Diversa Limited, CitiStreet Australia, Telstra’s KAZ Business Services, Australian Administration Services and Chief General Manager of Allianz’s personal insurance business. He is also a former non-executive director of Enhanced Payment Technologies, Thai Administration Services Co. Ltd  and financial advice company, Money Solutions. Stuart is currently an Executive Director and CEO of SuperChoice Services Pty Ltd, a specialist superannuation technology company, Chairman of Datacenter Limited and Director of Centec Securities Pty Ltd and PayClear Services Pty Ltd.



Stephen Lowndes


Member and Owner since 1999

B. Rur. Sc. (Hons) UNE, MAMI

Member of Corporate Governance and Remuneration Committee

Mr Lowndes was appointed to a casual vacancy on the Board in March 2001 and elected as Chair from July 2008 to November 2015. Stephen has 30 years experience in data analysis, systems development, policy formulation, strategic planning, executive management and industry representation, gained in the Commonwealth Public Service, Private Health Insurance, Aged Care and Health industries. Stephen has served on the Boards of the Australian Friendly Society Association, the Australian Health Services Alliance and the Australian Health Insurance Association, and a number of not-for-profit community services organisations. Stephen was formerly a member of the Management Board of Manchester Unity Credit Union, Chief Executive of Manchester Unity Australia Ltd,  CEO of the Aged and Community Services Association of NSW and ACT, a peak industry association representing not-for-profit aged care providers and Chief Executive Officer of the Royal Rehabilitation Centre Sydney, a not-for-profit specialist rehabilitation and disability hospital.



Kenneth Pickering



Member and owner since 1968

Dip Fin Serv, Ass. Dip. Bus. Mgt., FAICD Dip, AARPI, FAMI, AIMM.

Chair of Board Audit and Board Risk Committees

Mr Pickering has been a Director since 1972 serving as Chair between 1984 and 1992 and Vice Chair between 1982 and 2009. Ken has had a close affinity with the broader Credit Union movement through his service on CUSCAL’s National Membership Council between 1990 and 2000, as CEO Australasian Institute of Credit Union Directors between 1995 and 2005 and Executive Manager Professional Development for Australasian Mutuals Institute between 2006 and 2015. Prior to this, Ken had 25 years’ experience at Sydney Water, including a number of executive management positions relating to the change management program launched from 1983. Since 1993 he has been engaged in the provision of business management and consultancy services in both the customer owned banking industry and small business along with some property development projects. In December 2014 Ken commenced in a new role as Learning & Development Consultant for the Institute of Strategic Management and he remains on the Advisory Board for that Institute as well as being a Trustee of two self managed superannuation funds. He is a Graduate of the Diploma Course, has been a Fellow of the Australian Institute of Company Directors for 24 years and in 2016 was admitted as an Associate of the Australian Risk Policy Institute.


Rocky Scopelliti



Member and owner since 2013

Grad.Dip.Corp.Man, MBA, GAICD, MAMI

Member of Board Audit and Board Risk Committees

Mr Scopelliti joined the Board as a Non Executive Director in March 2013. Rocky is the Director – Centre for Industry 4.0 at Optus where he leads the creation of world class thought-leadership and innovation to advise enterprises on the Fourth Industrial Revolution. He is also a member of the REST Super Technology Advisory Panel and member of the Australian Payments Council. A distinguished Futurologist, author and international key note speaker, Rocky has contributed to the World Economic Forum’s Disruptive Innovation in Financial Services Program, delivered key note addresses at events such as Mobile World Congress and published twelve thought leadership research reports on digital disruption that have become internationally recognised. Rocky has more than 20 years senior management experience in the information technology and financial services sectors with Telstra Corporation and the Commonwealth Bank of Australia covering product development, strategy, business development, marketing and research. Educated in Australia and trained in the United States, at Sydney University and Stanford University, Rocky has a Graduate Diploma in Corporate Management and a Masters in Business Administration. He is also Graduate and member of the Australian Institute of Company Directors.



Gary Thompson



Member and owner since 1979

Grad.Dip.Corp.Man, MBA, GAICD, MAMI

Member of Corporate Governance and Remuneration Committee

Mr Thomson joined the Board of Community First Credit Union as a Non-Executive Director in December 2016. He was previously a Director and Chair of Manly Warringah Credit Union Ltd since 2006. Gary has a broad range of experience in strategic planning, risk management, executive management and governmental relations. Gary retired in July 2018 but was previously employed as a Project Manager at Singleton Council from 2017 to 2018. From 2010 to June 2017 he was Assistant General Manager at Singleton Council following three years working as a consultant in the areas of planning and business reorganisation particularly related to waste management. Prior to this he worked for Warringah Council for 28 years where his finishing role was as Director of Customer and Community Services. He has extensive Board experience having previously been a member of the Glen Street Theatre Board of Directors and Hunter Resource Recovery Board of Directors. He is currently a Director of Balmain Rugby league Football Club and Balmain Leagues Club.

John Tancevski


Member and Owner since 2005

B.Comm (Accy), FCPA, MBA, GAICD

Chief Executive Officer & Company Secretary

Member Corporate Governance and Remuneration Committee

John joined Community First in May 2005 as Chief Executive Officer. He has spent over half his career working in senior and general management positions with medium and large sized credit unions and previously had a diverse background in the steel, manufacturing, oil and health industries.

John has extensive experience in strategic planning, corporate governance and secretarial duties; finance and treasury; risk management; compliance and information technology. John is a Director of TransAction Solutions Limited (TAS), a facilities management company, and is also a member of the Board Audit and Risk Committee at TAS.

John holds a Masters of Business Administration degree and is a Fellow of the Australian Society of Certified Practising Accountants (CPA).

Hung Truong


Member and Owner since 1999

B. Commerce (Accounting), FCPA

Chief Financial Officer and Company Secretary

Hung joined Community First in December 1999 and over 16 years has progressed through the organisation in a number of key roles in finance. Currently Hung is the Chief Financial Officer with oversight of the finance and accounting function; covering financial management; budgeting; taxation; treasury; prudential and statutory reporting. He is also responsible for the collections corporate services and company secretarial functions.

Community First Credit Union LimitedABN 80 087 649 938 | Operating as Community First Bank | AFSL and Australian credit licence 231204| BSB 512-170