The Australian Prudential Regulation Authority (APRA) has arrange a brand new know-how and knowledge division, and appointed Bruce Young to go it up.

The new division combines the enterprise providers know-how staff and the core knowledge capabilities groups from the info analytics and insights division.

The regulator introduced Young will shift from his present position of normal supervisor operational resilience at APRA to tackle the brand new government director place.

As a part of the brand new construction, APRA chief info officer Doug Jenkins will now report back to Young as an alternative of to chief working officer of enterprise providers Steve Matthews.

APRA stated the reshuffle focuses largely on strengthening functionality in know-how and knowledge.

The modifications have been made as a part of a broader restructure aimed toward helping APRA to ship its company plan  aims, which centre on “twin themes” of defending at present’s group whereas getting ready for a quickly altering setting.

Other modifications included appointing Carmen Beverley-Smith to the place of government director of superannuation, Clare Gibney to government director of coverage and recommendation, and Renée Roberts to government director of banking.