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Heritage Bank appoints first chief risk officer

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Reporter 1 minute read

The non-major bank has announced the appointment of RESIMAC’s former head of enterprise risk to the newly created role of chief risk officer.

Heritage Bank has announced the appointment of Kerry Beebe to its newly created role of chief risk officer (CRO).

Ms Beebe, who assumed the position on 5 June, has more than 30 years’ experience in the financial services industry in Australia, Canada and the United States. 

The new appointee joins Heritage after serving as head of enterprise risk at mortgage aggregator RESIMAC from July 2017 to May 2018.

Ms Beebe has also held several roles at NAB, most recently serving as head of risk and compliance at Homeside Mortgage Services from January 2011 to May 2013.

Heritage CEO Peter Lock welcomed the appointment of Ms Beebe and noted that the CRO role was created as part of the bank’s commitment to strengthen its risk and compliance processes. 

“Heritage is placing an increasing emphasis on managing risk as an essential enabler of our business,” Mr Lock said. 

“We have created the CRO role as a stand-alone position, and added it to our senior executive group, as an indication of the importance we place on the risk function.

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“I am delighted to welcome a risk executive of Kerry’s calibre to Heritage. Her extensive experience in risk, compliance and internal audit will add significantly to our capability in this increasingly important area of our business.”

Commenting on her appointment, Ms Beebe said: “I’m thrilled to be joining Heritage Bank.

“What attracted me about Heritage was its community focus as a customer-owned institution, the courage to change that is evident, and the vision of the organisation to become the ‘best bank’ possible.”

Ms Beebe is based in Heritage’s Toowoomba head office.

[Related: Regional bank appoints new COO]

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