The Australian Prudential Regulation Authority (APRA) has appointed Sean Carmody as Executive Director, Insurance, who starts today in his new role.

He replaces Brendan Khoo, who takes over his previous role of Executive Director, Cross-Industry Insights and Data. Mr Khoo also commenced today in his new job.

Mr Carmody and Mr Khoo reports to Deputy Chairman Helen Rowell.

In their new roles, Mr Carmody assumes responsibility for the day-to-day supervision of regulated entities within the general, life and private health insurance industries, while Mr Khoo will oversee a number of APRA’s specialist supervisory teams and drive APRA’s on-going investment in its data and analytical capabilities.

In other APRA leadership executive changes, General Counsel Warren Scott will be retiring after 13 years with the prudential regulator.

Deputy General Counsel Lucinda McCann, who is also GM Legal, will become the new General Counsel from April 15.

APRA also appointed Sharon Burns as new CFO and she starts later this month.