APRA reshuffles senior executive team

The prudential regulator has announced a number of changes to its senior executive team including the appointment of Steve Matthews as executive general manager, corporate services.

In this role, Mr Matthews will be responsible for overseeing the efficient and effective management of APRA’s corporate support functions, including governance, public affairs, human resources, information technology, and finance.

Mr Matthews is currently APRA’s chief financial officer, a role he has held since November 2010. Prior to APRA, Mr Matthew’s career included senior roles within the NSW Department of Human Services and various financial sector companies.

APRA also announced changes to the responsibilities of its four current executive general managers.

Mr Brandon Khoo will replace Mr Keith Chapman as executive general manager, diversified institutions, and Mr Chapman will replace Mr Khoo as executive general manager, specialised institutions. These changes will take effect from 1 April 2015.

In addition, Mr Charles Littrell, currently executive general manager, policy, statistics & international, will replace Ms Sarah Goodman, executive general manager, supervisory support. Ms Goodman will become executive general manager, policy & advice. These changes will take effect from 1 July 2015.

APRA Chairman, Mr Wayne Byres, congratulated Steve Matthews on his appointment.

“Steve has proven to be a very capable CFO, and since joining us he has initiated a number of improvements in APRA’s support functions,” Mr Byres said.

“In his new role, Steve will have wider opportunities to contribute to APRA’s effectiveness as part of its senior executive team.

“More generally, these changes in APRA’s senior leadership reflect an ongoing commitment by APRA to review and refresh its operations, and ensure the organisation remains focused on effectively and efficiently achieving its mission for the wellbeing of the Australian community,” he said.

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