Credit Corp creates new role, appoints new boss

Karen Mathers has been appointed by Credit Corporation as chief risk officer.
It is a newly-created role which encompasses all financial and non-financial risk in the business as well as the compliance functions.
Mathers has more than 20 years of risk management expertise at organisations such as Shell of Australia, Ernst & Young and financial services companies including ANZ and BankVic.
She will lead Credit Corporation’s risk function throughout its PNG and Pacific operations.
Credit Corporation chairman Syd Yates said: “This is a critical appointment for Credit Corporation and underscores our commitment to governance and risk, in support of our broader commitment to all of our stakeholders and the communities we serve.
“Through embedding risk, reputation and governance in all the business decisions we make every day, we are able to translate regulatory and community expectations into crucial management actions that deliver the best outcomes for all stakeholders.”
Yates said Karen was a talented executive and suitable for the role