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Suncorp welcomes new head of broker

The recently acquired bank has announced its new head of broker partnerships.

Paul Brick has officially assumed the role of head of broker partnerships at Suncorp Bank as of today, 1 October.

The merger between ANZ and Suncorp Bank was completed on 1 August 2024 following a litany of approval processes and appeals over the last two years.

Previously the head of strategic partnerships at ANZ Bank, Brick has succeeded Shane Davis, who held the position in an acting capacity following Troy Fedder’s promotion to executive general manager for home lending.

With over 20 years of banking experience, Brick has spent six years at ANZ and nine years at the Commonwealth Bank of Australia (CBA) prior to that.

In light of Brick’s new position, ANZ has begun the search for a head of strategic partnerships – retail broker.

“Paul will be very familiar to you given his extensive experience in the broker industry with ANZ and in his previous roles with CBA,” Fedder said in an update to brokers.

“Paul will build on the excellent progress we’ve made with the Suncorp Bank broker business and maintain the strong relationships we have with our valued aggregator partners.

“I’ve had the privilege of working with Paul at CBA and across the broker industry over many years. I know he will be an asset to our Suncorp Bank Broker Partnerships team.

“I am looking forward to having Paul as a key member of my leadership team and his appointment highlights the importance of our broker division to Suncorp Bank.”

Suncorp CEO’s additional roles

Brick’s appointment comes as Suncorp CEO Bruce Rush was appointed as the ANZ Group managing director, Queensland, a week following the merger.

According to a statement from ANZ, the role will see Rush “liaising and collaborating with the Queensland Government about the ANZ Group presence and the ongoing integration of Suncorp Bank.”

Commenting on the announcement, ANZ CEO Shayne Elliott said the move is targeted at driving growth across the state: “This is a strategically important role for ANZ, with Bruce driving our aspirational plan for growth for Queensland.

“Bruce will also oversee the progress of the commitments we made to Queensland, including the establishment of ANZ’s Tech Hub in Brisbane. Our significant investment in the Tech Hub will help grow the state’s tech sector and open strong career pathways for Queenslanders, while giving ANZ a key platform to continue to deliver innovation to its customers.

“We are proud of our commitments to Queensland and Queenslanders, and look forward to playing our part to help Queensland to grow and prosper.”

[RELATED: Suncorp CEO given additional role within ANZ]

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