Media Releases → 2020


New Chair appointment to the Regional Investment Corporation Board

Senator the Hon. Mathias Cormann
Minister for Finance
Leader of the Government in the Senate
Senator for Western Australia

The Hon. David Littleproud MP
Minister for Agriculture, Drought and Emergency Management
Deputy Leader of the Nationals

Date: Friday, 27 March 2020

The Government has appointed Ms Karen Smith-Pomeroy as Chair of the Regional Investment Corporation (RIC) Board for a three-year term.

Ms Smith-Pomeroy has more than 30 years’ experience in the banking and financial services sector, most recently in a senior executive position at Suncorp Bank. She will also bring public sector board experience to the role.

Ms Smith-Pomeroy’s significant experience and expertise will further strengthen RIC’s already high performing Board and ensure it continues to deliver for regional and rural Australia through new investment and economic growth opportunities.

The Government thanks Ms Prue Bondfield for her effective leadership as Acting Chair of the RIC Board since October 2019.

The Government looks forward to continuing to work with RIC in 2020 and beyond.