The Australian Prudential Regulation Authority has appointed two new Executive Directors to fill recent vacancies, promoting Peter Diamond and Peter Kohlhagen into executive leadership roles. Peter Diamond moves from General Manager of Banking to Executive Director of General Insurance and Banking, replacing Jane Magill, who shifted to become Executive Director of Life and Private Health Insurance and Superannuation following the departure of Carmen Beverley-Smith. Peter Kohlhagen moves from General Manager of Superannuation to Executive Director of Policy and Advice following the resignation of Sean Carmody. APRA will commence an internal and external recruitment process shortly to fill the General Manager positions vacated by these appointments.
Australian Prudential Regulation Authority 2026-03-29
Australian Prudential Regulation Authority promotes Peter Diamond to lead General Insurance and Banking and Peter Kohlhagen to head Policy and Advice
The Australian Prudential Regulation Authority has promoted Peter Diamond and Peter Kohlhagen to Executive Director roles, filling recent vacancies in its executive leadership. Diamond becomes Executive Director of General Insurance and Banking, while Kohlhagen becomes Executive Director of Policy and Advice, with APRA to recruit internally and externally for the General Manager positions they vacated.