Credit Corp’s chief risk officer resigns

CREDIT Corporation PNG has announced the departure of chief risk officer, Karen Mathers to pursue an external career opportunity.
Credit Corporation interim chief executive officer Danny Robinson said Mathers’ appointment demonstrated the group’s commitment to the highest levels of governance, compliance and risk management.
He said the group will recruit an executive to replace Mathers and the announcement would be made soon.
Robinson thanked Mathers, who was appointed early last year, for her contribution to the group and wished her well for her future endeavours.
“Karen has been instrumental in helping guide Credit Corporation through the significant public health, geopolitical and economic disruptions caused by the Covid-19 pandemic,” he said.
“She and her team have worked tirelessly to navigate through the pandemic, allowing us to support our customers in an unprecedented environment.”
Robinson said the group had invested significantly in its risk controls in recent years and had made significant progress under Mather’s leadership.
“We know we must continue to invest and enhance our performance in this important area,” he said.