Suncorp announces new insurance CEO

Suncorp announces new insurance CEO

Suncorp announces new insurance CEO Suncorp have announced a new CEO for their insurance business.

Gary Dransfield steps into the role with Anthony Day leaving the firm after almost 10 years with the business, it has been announced.

Michael Cameron, Suncorp CEO and managing director, thanked Day for his “significant contribution” to the firm.

Dransfield joined Suncorp in 2009 and was named CEO of customer platforms in 2016. During his time with Suncorp, Dransfield has also been CEO of Vero New Zealand, and CEO of personal insurance having spent more than 25 years in the financial services industry.

Suncorp has also announced a string of executive changes in a bid to “fast track” the delivery of its strategy.

Mark Reinke will move into an advisory role reporting to CEO and managing director, Michael Cameron, whilst Pip Marlow has been appointed CEO of customer marketplace.

Marlow’s role streamlines the customer platform, customer experience and strategic innovation functions of the firm to enable faster execution of strategy, Suncorp said.

Steve Johnston, Suncorp’s CFO, who also leads finance and advice, will also take on responsibility for legal and company secretariat.

The changes will also see chief legal officer, Kate Olgers, leave the firm with all changes effective immediately.

“Over the past 12 months, we have embedded a new strategy and operating model. A more streamlined senior team will deliver the strategy more efficiently and effectively,” Cameron said.

“We have brought together our customer-facing and innovation teams to fast track the delivery of our market commitments, and to create more value for our customers.”


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2 Comments
  • 12/10/2017 6:21:52 PM
    More turmoil within Suncorp as Cameron desperately tries to deliver value from his radical experiment. I wonder how many employees and families will be damaged in the fallout of yet another reorganisation. It must be good to be at the top of the pile...
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  • MR 15/10/2017 5:34:01 PM
    As shareholder and customer I hope Mr Dransfield brings a new open culture in Suncorp Insurance. You just try and contact an executive in Suncorp or Suncorp Insurance to report mismanagement or governance issues - there is simply no way. General email addresses are not good enough, we get responses after several days and "customer service" asking for details of incident.
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