Page 19 - Suncorp_Review

Suncorp Group Limited Annual Report 2010/11 17

2.2 Key Management Personnel

Key Management Personnel (KMP) are those persons who have authority and responsibility for planning, directing and controlling the activities of the Suncorp Group, directly and indirectly. KMP include all directors of the Company (executive and non‑executive) as well as Senior Executives who report to the Group CEO. 

Disclosures in this Remuneration Report for the period prior to 7 January 2011 (the date of restructure which resulted in Suncorp Group Limited (the Company) replacing Suncorp‑Metway Ltd (SML) as the ultimate parent of the Suncorp Group) are in respect of the SML Group. However since the KMP did not change at the time of the restructure, and as the same remuneration structures and policies continue to apply, the Remuneration Reports for both the Company and SML each cover the same period (year ended 30 June 2011) and contain identical information. The comparative information presented is consistent with the disclosures made in the Remuneration Report of SML for the year ended 30 June 2010. The following persons were KMP of the Suncorp Group during 2011:

NAME POSITION CHANGES

Non‑executive directors in offce as at 30 June 2011 John Story (Chairman) Non‑executive Chairman

Ilana Atlas Non‑executive director Appointed 1 January 2011 William Bartlett Non‑executive director Paula Dwyer Non‑executive director

Stuart Grimshaw Non‑executive director Left offce 23 August 2011 Ewoud Kulk Non‑executive director Geoffrey Ricketts Non‑executive director Dr Zygmunt Switkowski Non‑executive director Executive director

Patrick Snowball Group Chief Executive Offcer Senior Executives in offce as at 30 June 2011

Anthony Day Chief Executive Offcer, Commercial Insurance

Gary Dransfeld Chief Executive Offcer, Vero New Zealand Appointed 23 May 2011 David Foster Chief Executive Offcer, Suncorp Bank Mark Milliner Chief Executive Offcer, Personal Insurance John Nesbitt Group Chief Financial Offcer

Amanda Revis Group Executive, Human Resources Appointed 16 August 2010 Jeff Smith Chief Executive Offcer, Suncorp Business Services Robert Stribling Group Chief Risk Offcer

Geoff Summerhayes Chief Executive Offcer, Suncorp Life Former non‑executive directors in 2011

Dr Ian Blackburne Non‑executive director Left offce 31 August 2010 Former executive directors in 2011 1

John Nesbitt Executive Director, Suncorp Group Limited Appointed 25 August 2010

Left offce 22 December 2010 Clayton Herbert Executive Director, Suncorp Group Limited Appointed 25 August 2010

Left offce 22 December 2010 Former Senior Executives in 2011

Roger Bell Chief Executive Offcer, Vero New Zealand Left offce 22 May 2011 Dharma Chandran Acting Group Executive, Human Resources Left offce 15 August 2010

1 For the period from incorporation until 22 December 2010, Mr Nesbitt and Mr Herbert were directors of Suncorp Group Limited. During this time, the Company was dormant. Mr Nesbitt and Mr Herbert did not receive any remuneration for their services as directors during this period.