The Australian Prudential Regulation Authority has created two new executive director roles to strengthen it capability in technology and data, and to align its communications and stakeholder functions.
It has also made a number of executive appointments.
Bruce Young, who was formerly APRA’s general manager operational resilience, has been appointed executive director technology and data.
The communications and stakeholder teams have been brought together in a group that will be by the Jane Magill, who takes on the newly created executive director role of chief of staff.
Magill is new to APRA. She is joining from Macquarie Group, where she was most recently global lead for business operational risk in the Commodities and Global Markets Group.
APRA also announced two appointments to fill vacancies resulting from Therese McCarthy Hockey and Suzanne Smith moving from executive director roles to become APRA members.
Carmen Beverley-Smith has been appointed executive director superannuation. She has had a 20-year career in banking, with a range of roles at Westpac and Commonwealth Bank, including risk, transformation and change, product and portfolio development, and sales and service.
Clare Gibney, formerly APRA’s general manager resolutions, has been appointed executive director policy and advice.
“Over the past three months, APRA has run a recruitment process considering both internal and external candidates to fill the resultant vacancies in the leadership team,” APRA said in a statement.
“In parallel with the recruitment process, the APRA members reviewed the organisational structure and decided to make some changes to better support delivery of APRA’s corporate plan.”
With the creation of the two new roles, APRA has eight executive directors, who report to the APRA members.