Suncorp appoints new leadership team

In a statement this morning, Suncorp announced that David Carter has been appointed the new chief executive, banking and wealth effective on the 26th of September.

Fiona Thompson has also been appointed chief risk officer while Kate Olgers will take up the position of chief legal officer, Suncorp said.

Suncorp chief executive and managing director Michael Cameron said the changing environment has resulted in the decision to establish separate chief risk officer and chief legal officer roles.

“David is an outstanding candidate for the role and he has held a number of senior positions in Suncorp over the past 10 years, including his most recent role as chief financial officer for banking and wealth,” Mr Cameron said.

Ms Thompson has held a number of senior roles in risk and legal at Suncorp over the past 15 years, the statement said.

“With a thorough understanding of our business, she combines her experience and business acumen to provide excellent technical, commercially-focussed and considered risk advice,” Mr Cameron said.

“Kate has a strong customer orientation and a deep understanding of financial services and the legal issues that need to be managed by our business,” he said.

“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,” Mr Cameron said.