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Former Suncorp CEO to chair real estate fund manager

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A former chief and managing director of Suncorp is set to become the new chairman of a real estate securities manager.

Resolution Capital has appointed Michael Cameron to the position of non-executive director and independent chair of the board, after his most recent role as Suncorp CEO from 2015 to 2019. 

Prior to fronting the bank, Mr Cameron had been managing director of GPT Group and he was also the chief financial officer of CBA. He was reported to have held a further number of senior executive roles across property and financial services groups.

Mr Cameron will replace outgoing Resolution chair Bruce Coleman, who has retired from being a non-executive director and chair of the board since 2007. 

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Commencing in the role from 30 April, Mr Cameron said he looks forward to assisting the group’s team in the strategic direction for the firm and positioning it for future growth. 

Sonia Luton, managing director of Resolution commented: “We are delighted to attract an individual of Mr Cameron’s calibre to fill this important position as we continue to grow our footprint globally in the listed real estate sector.”

“The appointment broadens the board’s skills and brings a diversity of experience.”

On Mr Coleman’s departure, Resolution founding director and chief investment officer Andrew Parsons said: “Bruce played a key role in helping establish the business objectives of Resolution Capital, overseeing constructive ownership changes whilst ensuring the best interests of all stakeholders were balanced appropriately.”

“We wish Bruce and his family well in retirement.”

Sarah Simpkins

Sarah Simpkins

Sarah Simpkins is a journalist at Momentum Media, reporting primarily on banking, financial services and wealth. 

Prior to joining the team in 2018, Sarah worked in trade media and produced stories for a current affairs program on community radio. 

You can contact her on [email protected].