Therese McCarthy Hockey has been appointed to the new role of EGM Strategy/Chief Risk Officer for the Australian Prudential Regulation Authority, effective from February 1.

She will be responsible for the supervision framework and the enterprise strategy and risk functions, covering the design and maintenance of processes used by supervisors to assess risk in regulated institutions and the framework the regulator uses to oversee its own risks.

She will also oversee strategic and business planning, accountability and performance reporting processes.

Ms McCarthy Hockey is currently Deutsche Bank Global Bank Treasurer and COO. She has held senior treasury roles at the bank in Sydney and London since 2002.