Suncorp expands executive team, appoints chief risk officer

Suncorp announced Fiona Thompson has been appointed chief risk officer.

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

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

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

Suncorp also appointed David Carter as the new chief executive for banking and wealth, while Kate Olgers will take up the position of chief legal officer.

“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.

“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.

“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.”