APRA appoints bankers galore to key positions

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Apology withdrawn, Wayno, via Banking Day:

Under the new structure, each of APRA’s six operating divisions will be led by an executive director, as announced yesterday by APRA chair Wayne Byres.

Therese McCarthy Hockey, a 20-year career treasury professional, mostly at Deutsche Bank’s Australian and UK operations, has been appointed as executive director, banking.

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About the author
David Llewellyn-Smith is Chief Strategist at the MB Fund and MB Super. David is the founding publisher and editor of MacroBusiness and was the founding publisher and global economy editor of The Diplomat, the Asia Pacific’s leading geo-politics and economics portal. He is also a former gold trader and economic commentator at The Sydney Morning Herald, The Age, the ABC and Business Spectator. He is the co-author of The Great Crash of 2008 with Ross Garnaut and was the editor of the second Garnaut Climate Change Review.