Suncorp hunts for new IT chief as Pancino departs

Suncorp CIO takes up new role at Commonwealth Bank of Australia

Suncorp’s chief information officer, Matt Pancino, has resigned, the company announced today.

The CIO will finish his tenure at the financial services group on 29 April.

Pancino is set to take up a position at the Commonwealth Bank of Australia in September.

“Commonwealth Bank can confirm the appointment of Matt Pancino to the role of Executive General Manager, Retail and Wealth in Enterprise Services,” a spokesperson for the bank said.

“The role is responsible for looking after all retail banking and wealth management technology and systems at Commonwealth Bank.”

Pancino will report to CBA CIO David Whiteing.

Pancino returned to the role of Suncorp CIO as part of a group restructure in February.

Prior to taking up the CIO mantle again Pancino had been CEO of Suncorp Business Services. Along with technology strategy, that role included Suncorp's shared real estate, and partnering and procurement services.

“I would like to recognise and thank Matt for his contribution over the past five years, and wish him well in his future,” Suncorp CEO and managing director Michael Cameron said in a statement released today.

Suncorp’s chief transformation officer, Clayton Herbert, will act as caretaker CIO while a replacement is sought. Cameron said that a search for internal and external candidates is underway.

Suncorp Bank has been carrying out a core banking overhaul dubbed ‘Project Ignite’. The project is due to be completed in June.

The group has also been engaged in a major cloud-driven transformation.

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