Deloitters Frances Borg and Mark Stretton installed in new top roles
Two of Deloitte’s most senior partners in Australia have been installed in their new roles, with Frances Borg taking up her new post as chief financial officer and Mark Stretton taking the helm of the firm’s Melbourne office.
Already an Australia board member since 2023, Frances Borg becomes CFO after serving as COO of the firm’s audit & assurance division for the past seven and a half years. Borg joined Deloitte as a cadet, spent time with the firm in the UK, and was made a financial services audit partner in 2009 before leading the practice at the national level.
Borg takes over from Jody Burton, who joined the firm in Adelaide in 1993 as an accounting graduate and most recently spent a decade as chief risk officer and then CFO.
A commerce and economics graduate of Monash University, Mark Stretton joined Deloitte as a cadet in 1993, and became a partner in 2009 after an earlier three-year stint with the firm’s UK branch in Scotland. Since then, he has held a series of senior positions, including national banking and financial services audit leader as well as Melbourne audit & assurance leader from mid-2024.
In his new Melbourne managing partner role, he oversees an operation with over 2,000 professionals and 230 partners.
On top of his client case-load, Stretton is also now chairman of Deloitte’s board nominating committee, and has had a close involvement with the Victorian Liberal party over a long period as chairman of several federal electorates. He also chairs the Australian Accounting Standards audit & risk committee, and was previously an advisory board member for La Trobe’s business school.
Stretton joins other state and territory leaders including Judith Donovan (Queensland), Tim Richards (Wester Australia), Cam Pitt (Canberra), Damien Bones (Tasmania), Tim Maddock (Northern Territory), and Andrea Culligan and Abs Osseiran in Sydney and Western Sydney, who both stepped into the respective roles last year.
