On Thursday, March 4, Bishop John Henderson performed a Rite of Installation to officially install Ross Smith as Chief Executive Officer of the LLL.
Although Ross has been in the role since last October, his installation was delayed due to Covid-19 travel and gathering restrictions. The ceremony was held in the LLL Board Room and many LCA Leaders, LLL Board Members and staff attended. Ross spoke from Acts 6:1-13, noting that the role of the LLL was a humble one, comparing it to that of those in the early church selected to “wait on tables”, in order that the apostles could be free to preach the gospel. He pointed to the missional work undertaken by those that the LLL lends to and provides grants to.
Bishop John discussed the concept of money and the LLL as a custodian. The first reference to money in the Bible in Genesis. He went on to say money is nothing, it is a human convention and not created by God. It is a liquid or portable form of God’s blessings to us. LLL as a trusted institution to manage the exchange of this gift to mission to the Glory of God.
We thank Bishop John for his address and formally installing Ross as LLL CEO.
Feature photo - Bishop John Henderson's blessing.
Left below - Ross Smith, CEO, and Graeme Huf, LLL Board Chair.
Right below - (LtoR): LLL Board with Ross Smith, Geoffrey Thiel, Ron Asquith, Karen Pienaar, Graeme Huf, Ross Smith, Tanya Crooks, Nancy Fox, Steven Podlich.
The LLL prides itself on providing savings accounts that are simple to operate, with a variable interest rate and no fees or charges. The LLL has a variety of savings accounts: personal and joint accounts; guardian accounts for children; and business accounts, including for self-managed super funds and not-for-profit organisations.
As an Authorised Deposit-taking Institution (ADI), the LLL is regulated under the Banking Act and by APRA.
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