Suncorp names CEO

Michael Cameron FAICD has been appointed as the new group chief executive officer (CEO) and managing director of Suncorp Group.

Cameron will take the helm in October 2015 following the departure of outgoing chief, Patrick Snowball, who has led the group for six years.

Cameron is currently CEO and managing director of GPT, a position he has held for six years and he has been a non-executive director of Suncorp Group since April 2012.

Snowball will leave the insurer in October to return to the UK.  

Tim Sheehy, CEO at the Governance Institute of Australia has announced he will be stepping down later this year.

Sheehy has held the role for 15 years having established the Governance Institute as a key founding member of the ASX Corporate Governance Council.

Succession planning began last year when Sheehy advised the board of his intention to step down at the end of 2015.

He will continue as CEO until a successor has been appointed.