Suncorp appoints Andrew MacFarlane as CFO

Suncorp New Zealand has appointed Andrew MacFarlane as its new chief financial officer.

MacFarlane joins in September from ANZ, where he has spent the last 25 years in finance roles including in its institutional division, retail bank and tax, as well as in product management and strategy roles. Most recently he held the role of CFO Group Functions for ANZ New Zealand.

Suncorp New Zealand CEO Jimmy Higgins said MacFarlane’s experience would be invaluable.

“I’m delighted to welcome Andrew to the Suncorp New Zealand leadership team,” said Higgins. “His experience of the financial services markets in New Zealand and Australia, coupled with his leadership within high performing businesses will be invaluable for Suncorp New Zealand as it continues to transform its business, while delivering great customer outcomes.”

MacFarlane will provide strategic oversight and monitoring of financial, actuarial, investment, capital and reinsurance aspects of the Suncorp New Zealand business, including go to market brands Vero and Asteron Life and supporting joint venture partnerships with the New Zealand Automobile Association, AA Insurance and AA Money.

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