Tim Reed

President, Business Council of Australia

Tim holds the roles of Co-Managing Director of Potentia Capital, an Australian private equity firm that invests in and grows local software businesses; President of the Business Council of Australia, a role he assumed in 2019 having sat on the BCA Board since 2017, and since 2020, Tim has been a non-Executive Director of Transurban Ltd.

Prior to assuming these roles, Tim spent 12 years as CEO of MYOB - a leading provider of online accounting, payroll and tax solutions to SMEs and their advisers. During Tim’s tenure MYOB was regularly named as one of Australia’s most innovative companies, was awarded the prestigious Canstar award for a best in category product, doubled team engagement, saw small business subscribers grow eightfold to over 800,000 and enterprise value grow sixfold to over $2.5Bn.

In earlier years Tim’s career has spanned the markets of Asia, Europe and the USA, including eight years in Silicon Valley. During this time Tim was a Founding Member of the Internet Advertising Bureau where, along with other internet pioneers, he wrote the first set of advertising measurement standards for the web.

Tim is passionate about technology and its ability to improve the lives and livelihoods of all people. For many years he has been an advocate for good public policy, long-term thinking and the role of women in society.