subscribe to our newsletter
Suncorp exec to join CBA

Suncorp exec to join CBA

Suncorp Group has announced the resignation of its chief risk and legal officer, which comes after the company revealed its banking and wealth CEO will retire later this year.

Anna Lenahan will leave Suncorp in September to take up the role of group general counsel at CBA.

She joined the group in March 2011 as executive general manager of its legal counsel and company secretary.

Suncorp CEO and managing director Michael Cameron said Ms Lenahan has been responsible for streamlining its legal partners panel, establishing an industry-leading capability framework for the team, as well as managing a high-performing legal and risk function.

“While disappointing, I can understand why Anna has been attracted to [the] opportunity [at CBA]. On behalf of Suncorp, I’d like to thank Anna for her contribution and wish her well for the future.”

Suncorp will undertake an internal and external search for Ms Lenahan’s replacement.

The announcement comes after Suncorp revealed that the CEO for its banking and wealth division, John Nesbitt, will retire in the second half of 2016 after six years with the group.

[Related: ANZ appoints risk expert]

Suncorp exec to join CBA
mortgagebusiness logo

Latest News

The financial services royal commission has heard evidence of further wrongdoing from several lenders, including three major banks, as the p...

A handful of young Australians working in the mortgage and finance industry have been recognised for their excellence at the inaugural Young...

CBA’s decision to offload its wealth business should come as no surprise to anyone. Running a “simple” outfit has now become the chief...

Promoted Stories

podcast

LATEST PODCAST: The rise of mortgage prisoners, further regulation and the importance of good advice

Do you expect access to credit to get harder this year?