• subs-bellGet the latest news! Subscribe to the ifa bulletin

Suncorp executive departs group

Suncorp general manager intermediaries Steven Heavey has resigned from the group in an announcement following the departure of chief executive David Foster.
In an exclusive reported by ifa’s sister publication, The Adviser, Mr Heavey, who was appointed to his role at Suncorp in September 2011, said his decision to leave the bank followed a significant boost in the group’s broking business.
“The last two years at Suncorp have been amongst the most successful of my career and so it’s been hard making the decision to move on, but the time is right for me to look for a new challenge,” Mr Heavey said.
“Suncorp is now considered a viable alternative to the majors and I feel I’ve now achieved what I set out to do for the bank.”
Steven Degetto will take on the role of acting general manager intermediaries, following Mr Heavey’s departure in three months.
The announcement followed the announced departure of Mr Foster, who will be replaced by current chief financial officer John Nesbitt.
Mr Foster will remain with the company in an advisory capacity during Mr Nesbitt’s transition into his new role on December 9.