Suncorp Banking and Wealth CEO shifts to RACQ

The head of Suncorp's banking and wealth division is motoring to RACQ to become the group chief executive for the Queensland-based organisation.

David Carter will wind up his time with Suncorp in early 2020. He was appointed to the role in September of 2016 and has held various roles with the group since 2006.

Suncorp Group CEO Steve Johnson said that Carter had made great contributions to the leadership team during a period of significant change. "We are now well placed to continue to build on this success and leverage the investments we have made."

Carter was involved in several high-profile customer initiatives including introducing Apple Pay and Google Pay, as well as building the foundations for the company's digital banking strategy.

Said Carter, "I'm proud of many achievements but mostly the genuine commitment and care team members demonstrate every day to support our customers and the progress we have made digitising the business, making it easier for our customers."

In relation to Mr Carter's replacement, a robust recruitment process has begun to identify internal and external candidates from Australia and overseas.