Suncorp Bank has announced the appointment of former Citigroup executive Scott McMullen as treasurer.
Scott McMullen, former head of financial institutions at Citigroup Corporate and Investment Banking, has been named as the treasurer of Suncorp Bank.
Suncorp Bank chief financial officer David Carter said: “Scott brings with him extensive investment banking and capital market experience, a thorough understanding of balance sheet optimisation and risk management, and exceptional stakeholder management skills.
“Having someone of Scott’s calibre lead our Treasury team puts us in a very strong position, particularly in the complex macro-economic and regulatory landscape we operate in, marked by constant change and a heightened focus on structured capital management and risk management.”
Commenting on his appointment, Mr McMullen said he looks forward to “capitalising” on opportunities.
“There are some exciting prospects for Suncorp Bank and I look forward to building on its strong reputation,” he said.
Mr McMullen has also held positions with UBS, Merill Lynch, and CBA.
As the world ramps up its response to the coronavirus outbreak, an investment manager has projected a GDP contraction of around 15 per cent ...
Systemic risk has hit an all-time high, a financial services giant has reported, with the coronavirus pandemic continuing to take hold of t...
One of the world’s largest investment banks says it’s impossible to tell when the global economy will reopen for business as draconian c...