Suncorp believes significant changes to its leadership team will enable it to deliver strategic aims more quickly.

As reported in a Breaking News bulletin last week, the “streamlined” team has resulted in the departure of CEO Insurance Anthony Day and Chief Legal Officer Kate Olgers.

Mr Day, who was also National Transport Insurance Chairman and President of the Insurance Council of Australia, has been replaced by former CEO customer platforms Gary Dransfield.

Former CEO strategic innovation Pip Marlow, who was recruited from Microsoft earlier this year, has been appointed CEO Customer Marketplace, combining the customer platforms, customer experience and strategic innovation functions.

MD Michael Cameron says he believes the changes will enable “fast-track delivery” of the company’s strategy.

“Over the past 12 months, we have embedded a new strategy and operating model,” he said. “A more streamlined senior team will deliver the strategy more efficiently and effectively.

“We have brought together our customer-facing and innovation teams to fast-track the delivery of our market commitments, and to create more value for our customers.”

Chief Customer Experience Officer Mark Reinke will move into an advisory role, reporting to Mr Cameron, focusing on activation of the group’s marketplace strategy.

CFO Steve Johnston, who leads the finance and advice function, will also assume responsibility for legal and company secretariat.

Mr Cameron expressed thanks for the contributions of Ms Olgers and Mr Day, who has worked with the insurer for almost a decade.

“I wish both Anthony and Kate well for the future,” he said.