Education
Fraser graduated from Monash University in Australia in 1972 with a first class honours degree in Economics.
Fraser graduated from Monash University in Australia in 1972 with a first class honours degree in Economics.
He commenced in his role as Secretary of the Department of the Treasury in January 2015. He worked for the Australian Treasury, including two international postings to Washington District of Columbia, firstly at the International Monetary Fund and then as Economic Minister at the Australian embassy. He was Deputy Secretary (Economic) of the Department of the Treasury.
Fraser joined the Union Bank of Switzerland Group in Australia in 1993 and was named Head of Asia Pacific for the Business Group in 1999.
From 1994 to 1998 he was Executive Chairman and Chief Executive Officer of Swiss Bank Corporation"s division Session Border Controllers Australia Funds Management Limited. He was Chairman and Chief Executive Officer of Union Bank of Switzerland Global Asset Management from December 2001 until December 2013.
Prior to that, he was President and Chief Operating Officer of Union Bank of Switzerland Asset Management and Head of Asia Pacific. In December 2014, Prime Minister Tony Abbott announced John Fraser"s appointment as Secretary of the Treasury Department, to commence 15 January 2015.
The appointment is for five years.
Treasurer Joe Hockey said that, in his new role, Fraser would be asked to undertake a thorough review of the Treasury Department"s resources and capabilities.
Fraser is a member of the Board of Governors at the Marymount International School in Kingston-upon-Thames.