The Australian Prudential Regulation Authority (APRA) has revamped its organisational structure as it moves to an industry-based supervision model, which will formally take effect in December.
Under the new structure, each of APRA’s six operating divisions will be led by an executive director. Sean Carmody will become executive director of cross-industry insights and data, Brandon Khoo will take up the role of executive director of insurance, Therese McCarthy Hockey was named executive director of banking, Suzanne Smith was appointed as executive director of superannuation, and Steve Matthews will step into the role of chief operating officer and executive director of enterprise services. Heidi Richards will act in the role of executive director of policy and advice pending a permanent appointment to that role.
You've reached your limit - Register for free now for unlimited access
To read the full story, and get unlimited access to Insurance Business website content, just register for free now. GET STARTED HERE
Already a website member? Log in below.