Chairman Dr Ziggy Switkowski AO will retire from the Board of Suncorp (ASX:SUN) after its Annual General Meeting on 20 September 2018.
The Board has chosen Christine McLoughlin to take over as Chairman following Dr Switkowski’s retirement.
He’d been a Suncorp Board member since 2005 and has served as Chairman for almost seven years.
Ms McLoughlin has worked in financial services for more than 20 years and joined the Suncorp Board in February 2015.
She was the inaugural Chairman of the Australian Payments Council, and is currently the Chairman of Venues NSW, and a director of nib Holdings. She has also served on the boards of Spark Infrastructure and Whitehaven Coal, having recently stepped down from both positions.
She comes with informed views with regards to innovation and the disruption of traditional business models.
Shares in Suncorp (ASX:SUN) closed up 0.96 per cent to $13.70 yesterday.