SYDNEY, March 30 -- Australian Prudential Regulation Authority issued the following media release:

The Australian Prudential Regulation Authority (APRA) has appointed two new Executive Directors to fill recent vacancies.

Peter Diamond has been promoted from General Manager of Banking to Executive Director of General Insurance and Banking. He replaces Jane Magill who moved to become Executive Director of Life and Private Health Insurance and Superannuation following the departure of Carmen Beverley-Smith.

Peter Kohlhagen has been promoted from General Manager of Superannuation to Executive Director of Policy and Advice following the resignation of Sean Carmody.

A recruitment process to fill the General Manager positions left vacant by to...