The Australian Banking Association (ABA) has announced the election of Suncorp chief executive David Carter as its new deputy chair, replacing the retiring Mike Hirst.
In a statement by ABA chairman and ANZ chief executive Shayne Elliott, Suncorp chief executive David Carter has been announced as the new deputy chair of the lobby group.
Mr Carter replaces Mike Hirst as the ABA's deputy chair. Mr Hirst is retiring from the role after he stepped down as chief executive of Bendigo and Adelaide Bank in March.
Mr Hirst has been a member of the ABA Council since he was appointed managing director of Bendigo Bank in 2009.
He was elected deputy chairman in 2013 and re-elected in 2015 and 2017.
"Mike was instrumental in developing important industry reform initiatives such as the Better Banking Reform Program, which included a complete rewrite of the Banking Code of Practice," Mr Elliott said.
"The ABA warmly welcomes Mr David Carter to the new role of Deputy Chair. David will bring a wealth of experience to the role. With more than 25 years’ experience in banking, wealth management and life insurance he is well qualified to perform this important leadership and advocacy role on behalf of the industry," Mr Elliott said.