Suncorp chief steps down

Suncorp chief executive officer and managing director Michael Cameron announced this week that the bank’s chief transformation officer will be exiting the business.

Clayton Herbert was appointed to the role in March last year and has been leading the implementation of Suncorp’s new operating model, which came into effect in July 2016.

“Clayton has worked for Suncorp since 1999, holding a number of senior positions across accounting, finance and risk, including deputy chief financial officer, group chief risk officer, and most recently as chief transformation officer,” Mr Cameron said.

“He has played a critical role in leading the successful implementation of Suncorp’s new operating model that has transformed Suncorp and positioned the organisation to better meet more of our customers’ needs,” he added.

“I would like to recognise and thank Clayton for his contribution over the past 17 years, and wish him well in his future.”

[Related: Suncorp announces new leadership team appointments]