Brisbane based finance group Suncorp has announced three new appointments to the company’s executive team.
Suncorp chief executive Michael Cameron has announced three new appointments to the insurance and banking group's executive team. Cameron said the changing environment has resulted in the decision to establish separate Chief Risk Officer and Chief Legal Officer roles.
David Carter (pictured left) has been appointed as Chief Executive Officer (CEO) Banking and Wealth. Carter is currently the Chief Financial Officer for the Banking and Wealth function and has had functional responsibility for finance, treasury, strategy & planning, and capital & risk modelling. He has held a number of senior roles in Suncorp over the past 10 years.
He previously spent much of his career at ANZ where he held various positions including State Manager of NSW for ANZ Financial Planning and Head of Dealer Operations.
Suncorp also confirmed that Acting Chief Risk and Legal Officer Fiona Thompson (pictured left) will take on the position of Chief Risk Officer and Kate Olgers has been appointed Chief Legal Officer. Thompson was appointed Acting Chief Risk and Legal Officer in August 2016 and is responsible for leading the risk management, legal, compliance and internal audit disciplines of Suncorp.
Olgers is currently Executive General Manager, Legal for Commonwealth Bank’s Wealth Management and Technology divisions. Prior to this she was General Counsel for NAB’s Banking, Products and Markets divisions.
Carter will take over the CEO Banking and Wealth role on 26 September 2016. Thompson will continue to act in the position of Chief Risk and Legal Officer until 17 October 2016 when she commences as Chief Risk Officer. Olgers also takes up her appointment as Chief Legal Officer at the same time.