The Regional Investment Corporation has appointed Karen Smith-Pomeroy to the RIC board as chairperson, succeeding Ms Prue Bondfield. Ms Bondfield, who has been acting Chair since October 2019 and will remain on the RIC board as a non-executive director, welcomed Ms Smith-Pomeroy, who she said brings valuable experience to the RIC. Ms Smith-Pomeroy has over 30 years’ experience in the financial services sector, most recently as a senior executive with Suncorp.

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