Suncorp loses another exec to rival

by NZ Adviser22 Jun 2016
Suncorp has lost another member of its executive team to a rival.

Anna Lenahan, chief risk and legal officer for Suncorp, has announced her resignation as she will take up a senior role at Commonwealth Bank in September.

The departure of Lenahan follows that of former chief information officer, Matt Pancino, who also left Suncorp for Commonwealth earlier this year.

“While disappointing, I can understand why Anna has been attracted to this opportunity,” Suncorp Group CEO Michael Cameron said in a statement.

“On behalf of Suncorp, I’d like to thank Anna for her contribution and wish her well for the future.”

Lenahan joined the business in March 2011 as executive general manager Group general counsel and company secretary and has led the legal and company secretariat teams across the Group for five years.

During her time with Suncorp, Lenahan has been involved in a number of key initiatives for the business including a strategic review program, various capital raising initiatives and the resolution of the non-core bank portfolio.

“Anna has been responsible for streamlining the Group’s legal partners’ panel, establishing an industry-leading capability framework for the team, as well as managing a high performing legal and risk function,” Cameron continued.

An internal and external search is underway for Lenahan’s replacement.

This article is from our sister site Insurance Business NZ.

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