Suncorp banking and wealth CEO resigns
Suncorp’s banking and wealth chief executive, Lee Hatton, will depart the firm after three months in the role.
Hatton said the reason for leaving was that the demands of commuting from her home in Sydney to Brisbane were unsustainable and she reassessed the impact it would have on her family.
“Suncorp is a wonderful company with many opportunities ahead of it. I am thankful to Steve [Johnson] and the leadership team for their support of my decisions,” she said.
Hatton had accepted a role with a Sydney-based financial technology company.
The bank’s executive general manager for deposits and payments, Bruce Rush, would step in as acting CEO for banking and wealth until a permanent appointment was made.
Suncorp Group chief executive, Steve Johnson, said: “Lee is a highly capable executive and I am disappointed to see her depart after a short time with the group. I respect her desire to spend more time closer to home and I wish her well.
“The bank has an experienced and capable executive team and I’m very confident that Bruce will provide strong leadership and direction while we seek a permanent appointment.”
Recommended for you
Lonsec Research and Ratings has appointed a head of sales, completing the leadership team to boost its reach with financial advisers.
Allianz Retire+ has announced major leadership changes with the appointment of a new CEO and distribution heads to help expand its presence across the wealth channel.
The RBA assistant governor (business services) is set to speak at the Women in Finance Summit 2025, taking place this November.
Momentum Media’s wealth publishing network is pleased to announce the launch of the annual Australian Wealth Management Summit 2025.
