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Elected by members of the Consultative Committee representing employers and appointed to the Board on 27 October 2014. Mr. Somogyi was the Chief Operating Officer at RMIT from July 2006 to July 2016. Mr. Somogyi is currently a Commissioner of the Tertiary Education Quality and Standards Agency and was made an Honorary Fellow at Monash University from 1 January 2022.

Mr. Somogyi’s past roles include Director of the ANZ Wealth companies, Chair of Guild Group companies, Director of Spatial Vision Innovations Pty Ltd, Financial Adviser Standards and Ethics Authority (FASEA), Executive Member of the Australian Prudential Regulation Authority (APRA), Chief Executive Officer of CPI Group Ltd, Strategic Advisor at Energy Trade and member of the Expert Assessment Panel of the Australian Universities Job Protection Framework. Mr. Somogyi also held various executive roles at National Mutual, including Chief Manager for New Zealand, Associate Director – Operations and Chief Finance Executive. He is currently Strategic Adviser to Siemens and Built Environment Optimisation.

Mr. Somogyi is a Fellow of the Institute of Actuaries of Australia, of the Australian Institute of Company Directors and of the Financial Services Institute of Australia.