The Australian Reinsurance Pool Corporation (ARPC), a government-backed terror risk reinsurance venture, has appointed David Foster as its newest member.
Foster is a Brisbane-based Non-Executive Director with a diverse portfolio of Directorships and Advisory roles.
Foster’s last senior executive role was CEO of Suncorp Bank. In addition to five and a half years as CEO of Suncorp Bank, he served in other senior roles including Group Executive, Strategy during the acquisition of Promina – one of Australia’s largest financial services transactions.
Before Suncorp, Foster worked at Westpac for 14 years in several senior roles in Sydney and Queensland.
He is currently a Non-Executive Director at Youi Insurance, Genworth and Bendigo and Adelaide Bank and Chairman of Motorcycle Holdings and G8 Education.
Dr Christopher Wallace, ARPC CEO said: “David Foster’s appointment will benefit ARPC as he has extensive financial services experience across banking, insurance, customer strategy, technology strategy, risk management and governance. He will be a valuable addition to the Board, and I look forward to working with him.”
