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Suncorp Group Announces Leadership Transition with New Chairman

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Suncorp Group Announces Leadership Transition with New Chairman

Confident Investing Starts Here:

An announcement from Suncorp Group ( (AU:SUN) ) is now available.

Suncorp Group announced the retirement of Christine McLoughlin AM as Chairman, with Duncan West set to succeed her following the Annual General Meeting in September 2025. McLoughlin’s tenure saw the company navigate significant challenges, including the COVID-19 pandemic and the sale of Suncorp Bank, while transforming into a dedicated general insurer. West, with extensive experience in the insurance and financial services sectors, is expected to continue leading Suncorp’s strategic direction and delivering outcomes for stakeholders.

The most recent analyst rating on (AU:SUN) stock is a Buy with a A$23.73 price target. To see the full list of analyst forecasts on Suncorp Group stock, see the AU:SUN Stock Forecast page.

More about Suncorp Group

Suncorp Group is a prominent company in the financial services sector, primarily focusing on general insurance. The company has undergone significant transformation to become a pure-play general insurer, having divested its banking operations to focus on delivering value to shareholders and customers.

Average Trading Volume: 2,238,614

Technical Sentiment Signal: Buy

Current Market Cap: A$23.55B

Find detailed analytics on SUN stock on TipRanks’ Stock Analysis page.

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