Suncorp adds three exec appointments

A major Australian insurer has announced a re-shuffle of its executive board with three new appointments

Insurance News

By Jordan Lynn

Suncorp has announced three changes to its executive board.

Fiona Thompson will take on the role of chief risk officer, Kate Olgers has been appointed chief legal officer and David Carter has been made CEO of banking and wealth.

“These appointments bring a wealth of expertise and greater diversity to the executive team. I’m looking forward to the contribution they will make to the organisation,” Michael Cameron, CEO and managing director of Suncorp said in a statement.

Cameron said that a changing environment had resulted in the decision to establish separate chief risk officer and chief legal officer roles, two roles which Thompson had previously held.

“Fiona brings significant experience having held a number of senior roles in Risk and Legal at Suncorp over the past 15 years. With a thorough understanding of our business, she combines her experience and business acumen to provide excellent technical, commercially-focussed and considered risk advice,” Cameron continued.

Thompson will continue in her combined role until October 17 and will then commence as chief risk officer whilst Olgers will begin as chief legal officer at the same time.

Carter will become CEO of banking and wealth on September 26.


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