The chairman of the Australian Prudential Regulation Authority (APRA) has welcomed two executive changes within the organisation.

APRA’s Helen Rowell has been reappointed to her role as deputy chair for a new five-year term, commencing July 01. Meanwhile, John Lonsdale, deputy secretary, has been nominated to become an additional deputy chair at APRA, also for a five-year term, conditional on the approval of the governor-general and on Parliament agreeing to legislation to amend the APRA Act, to allow the appointment of up to two deputy chairs.

Rowell and Lonsdale will complete the executive group, which includes APRA member Geoff Summerhayes and APRA chairman Wayne Byres.

Byres said Rowell, an APRA member since 2013, and who has served as deputy chair since 2015, “further sharpens APRA’s focus on enhancing outcomes for superannuation members.”

“The expertise, authority and judgement Helen brings to APRA will be increasingly important in the years ahead as APRA continues its superannuation reform agenda,” Byres said.

On Lonsdale, Byres added: “With more than three decades of experience at treasury, John is a welcome and valuable addition to APRA’s leadership team.”

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