Teacher Mutual Bank has appointed a new chief information officer.\nFiona Floyd started work at the bank \u2013 with more than200,000 members and more than $7 billion in assets one of Australia\u2019s largest mutual \u2013 late last month.\n \nFloyd has significant CIO experience in finance, having served in the role at Suncorp\u2019s life insurance arm Suncorp Life, and at Commonwealth Bank of Australia as CIO of group operations. She\u2019s also worked in technology leadership roles at Macquarie Bank, IAG and AMP Capital.\n \n\u201cI\u2019m excited to work with the TMBL team and looking forward to evolving the bank\u2019s technology capability and offerings so that it can continue to be an organisation recognised for its ethical practice and member service focus,\u201d Floyd said in a statement this morning.\n \nHer arrival follows the departure in June after more than six years of CIO Dave Chapman. Glenn Sargeant, the bank\u2019s chief financial officer, has been acting CIO in the interim.\n \nThe bank, which also operates the UniBank and Firefighters Mutual Bank brands, in October reported a 14.1 per cent net profit increase to $31.8 million.\n \nIt is preparing to launch Health Professionals Bank in the early months of next year, targeting Australia\u2019s 1.5 million strong health workers.\n \nOne of the banks strategic priorities for 2019 will be investment in and roll out of robotic process automationtechnologies.\n \n\u201cWe are introducing process automation through our back office as we aim to boost productivity and deliver cost savings. We have allocated a substantial budget to introduce more AI process and automation throughout the back office,\u201d CEO Steve James said on the release of the bank\u2019s annual report in October.\n \nToday James added he was excited to announce Floyd\u2019s appointment.\n \n\u201cDigital services and delivery is increasingly a vital business priority. Fiona will be a great asset in building our IT infrastructure in what is a time of rapid transformation for our organisation,\u201d he said.