Powered by MOMENTUM MEDIA
subscribe to our newsletter
Suncorp appoints new treasurer

Suncorp appoints new treasurer

Suncorp Bank has announced the appointment of a former Citigroup executive as its new treasurer.

Scott McMullen, former head of financial institutions at Citigroup Corporate and Investment Banking, has been named as the treasurer of the regional bank. Mr McMullen has also held positions with CBA, Merill Lynch, and UBS.

Suncorp Bank CFO David Carter said Mr McMullen brings with him extensive investment banking and capital market experience, a thorough understanding of balance sheet optimisation and risk management, and exceptional stakeholder management skills.

Advertisement
Advertisement

“Having someone of Scott’s calibre lead our treasury team puts us in a very strong position, particularly in the complex macro-economic and regulatory landscape we operate in, marked by constant change and a heightened focus on structured capital management and risk management,” he said.

Commenting on his appointment, Mr McMullen said he looks forward to capitalising” on opportunities.

“There are some exciting prospects for Suncorp Bank and I look forward to building on its strong reputation,” he said.

[Related: ME names new chairman]

Suncorp appoints new treasurer
mortgagebusiness

 

Latest News

The federal opposition has released its response to the final report of the banking royal commission, agreeing to 75 of the 76 recommendatio...

A class action suit has been filed against the major bank for allegedly approving home loans outside serviceability. ...

In its update on the implementation of Commissioner Hayne’s recommendations, the corporate regulator has hinted that it is investigating...

FROM THE WEB

POST RC PANEL DISCUSSION ADDED

podcast

LATEST PODCAST: The current mindset of the mortgage industry

Is enough being done to ensure responsible lending?