APRA announces organisational restructure

APRA announces organisational restructure

APRA has created four new senior leadership roles as part of a restructure designed to allow it to respond to changes in the financial sector.

The prudential regulator named Melisande Waterford as general manager of licensing, Sharyn Reichstein as general manager of advice and approvals, Gideon Holland as general manager of APRA’s diversified institutions team, all newly created roles.

Additionally, Jane O’Doherty has been appointed “to lead a newly combined team comprising APRA’s Governance, Operational and Insurance risk specialists”, and Dr Katrina Ellis has been tapped to lead the regulator’s newly created data analytics unit.

APRA chair Wayne Byres said the new appointments, which will take effect from 1 July 2017, will be of great benefit to the regulator.

“The appointment of Melisande, Sharyn, Gideon and Jane bring valuable expertise, insights and experience to APRA’s senior leadership team,” he said.

“These appointments, alongside the creation of the new analytics team under Katrina, are an important step in APRA’s continued evolution, strengthening not only our ability to deliver on our mission to protect the financial well-being of the Australian community, but to do so in a manner that effectively adapts and responds to the changing environment in which the financial system operates.”

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