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ANAO bureaucrat named NSW’s next Auditor-General

Business

Bola Oyetunji, who started his career in the big four and is the current executive director at the Australian National Audit Office, will take the reins in April.

By Christine Chen 9 minute read

NSW premier Chris Minns has named Bola Oyetunji as the next Auditor-General of NSW.

Oyetunji would replace outgoing Auditor-General Margaret Crawford upon the conclusion of an eight-year term in April.

Oyetunji called his appointment “a great honour”.

“I am committed to the integrity and independence required of the role in holding government and state agencies accountable for how they govern and use resources under their management. I look forward to serving the NSW Parliament in this capacity.”

Oyetunji started his career in big four firms Deloitte and EY before leaving for the public sector.

He spent 16 years at the NSW Audit Office as an engagement controller and signing officer for superannuation, insurance and finance industries, according to his LinkedIn page.

In 2018, he joined the Australian National Audit Office as a senior executive director and became the group executive director in 2021.

Minns said Oyetunji’s experience across all levels of government would be valued highly in the role.

“I welcome the appointment of Mr Oyetunji as the next Auditor-General of this state. Under Mr Oyetunji, the Audit Office will continue to ensure public money is used to achieve the best outcomes for NSW. “

Treasurer Daniel Mookhey praised Oyetunji’s “invaluable” auditing credentials that would ensure “public money is properly spent to best serve the people of NSW”.

They also thanked outgoing Auditor-General Crawford for her service.

“I’d like to thank outgoing Auditor-General Margaret Crawford PSM for her work over the past eight years, including the many significant reviews conducted by her and her team,” Minns said.

Mookhey said: “I’d also like to take this opportunity to thank outgoing Auditor-General Margaret Crawford PSM for her service over the past eight years, working tirelessly to help the Parliament of New South Wales hold governments accountable for their use of public resources.”

The Auditor-General is responsible for scrutinising Parliament, providing audit and assurance services to ensure its agencies use public money effectively and within their remit.

In 2022, Crawford issued a report that slammed the state’s accounting techniques, which had resulted in inaccurate forecasts that underestimated transport asset funding by $5.2 billion.

“NSW Treasury presented late, unsophisticated, and inaccurate forecasts to the Audit Office, all of which sought to support the desired outcome of higher projected returns,” Crawford said in her report.

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Christine Chen

Christine Chen

AUTHOR

Christine Chen is a graduate journalist at Accountants Daily and Accounting Times, the leading sources of news, insight, and educational content for professionals in the accounting sector.

Previously, Christine has written for City Hub, the South Sydney Herald and Honi Soit. She has also produced online content for LegalVision and completed internships at EY and Deloitte.

Christine has a commerce degree from the University of Western Australia and is studying a Juris Doctor degree at the University of Sydney. 

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