Chief Transformation Officer departs Suncorp

Suncorp has announced that Clayton Herbert will step down from his role as chief transformation officer (CTO) after less than a year in the role, effective January 2017.

Herbert has worked for Suncorp since 1999, holding a variety of positions across accounting, finance and risk, including roles as the firm's deputy chief financial officer and group chief risk officer. He was appointed to his most recent role as CTO in March 2016.

Commenting on his departure, CEO and managing director, Michael Cameron, said: "Clayton 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...I would like to recognise and thank Clayton for his contribution over the past 17 years, and wish him well in his future."