Vale Gerald Loughran, AM

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Vale Gerald Loughran, AM

Gerald was the final Chair of the Trust Bank and the inaugural Chair of the Tasmanian Community Fund. It was Gerald’s leadership and the foresight of he, and his fellow Trust Bank Directors, that brought the TCF into being. Gerald served as Chair of the TCF from 2000 to 2009.

Gerald worked tirelessly to ensure that the community knew about the TCF so that everyone could access support for what their community needed. He was committed to making sure that the TCF was best practice and that it continued to evolve to meet the needs of the community. Gerald was a humble and intelligent man who instilled the values of integrity, community and leadership at the TCF – values that remain strong in all that we do today.

Gerald remained passionate about the TCF and was always willing to lend an ear for our ideas and strategies and provide constructive and considered feedback.

Gerald came to prominence in Tasmania through the electrical, homewares and bedding retailer Loughrans, where he was the Managing Director for nearly 20 years. He was a company director serving Webster Ltd, the Tasmanian Farmers and Graziers Association, the Salamanca Arts Centre, the Australian Institute of Company Directors (Tasmanian Chapter) the University of Tasmania Foundation and the Trust Bank. Gerald was also well connected and involved in grassroots community organisations.

Growing up and establishing a business in North West Tasmania, Gerald recognised the challenges of studying away from the proximity of family and the additional expenses that were associated with this. Gerald and his family established the Loughran Family Scholarship to assist students to study in the College of Health and Medicine with preference for a student from north west Tasmania. For recipients, the scholarship can ease some of the financial pressure associated with studying. In turn, recipients will contribute to creating a better life for the community through their chosen career path.

In 2021, Gerald received an Order of Australia for his significant service to the community of Tasmania through business, education and arts organisations. Well deserved recognition for a lifetime of commitment and service.

Gerald was a fierce advocate for creating a better future for all Tasmanians and leaves a lasting legacy for the Tasmanian community through the TCF.

He was a kind, generous and compassionate man and above all else, we will miss him as a friend, colleague and mentor.

We extend our deepest sympathies to Gerald’s family. We thank you for sharing Gerald with us.