Suncorp says its head of wealth and life intermediaries Mark Vilo and head of bank intermediaries Steven Degetto will be swapping role for one year.
The swap comes after Suncorp’s intermediary businesses were brought together in July in an effort to “take advantage of the size and scale of the collective businesses”.
This followed Suncorp’s decision in November 2015 to cut loose its Guardian Advice and Suncorp Financial Planning dealer groups, and focus on the IFA sector for distribution.
“I’m thrilled to be taking on the new role and looking forward to working in a dynamic market that shares similar challenges and opportunities that are being experienced in the independent financial advice market,” Mr Vilo said in a statement.
Meanwhile, Mr Degetto said he was proud of the business the team had created over the past few years.
“I have made a number of great friends and colleagues in this fantastic industry and I am looking forward to the opportunity to develop my expertise in a different type of intermediary business,” he said.
Mr Vilo and Mr Degetto are both “passionate supporters” of the value that intermediaries provide their customers, Suncorp said.
They will take on their new jobs from 1 January 2017.
SUBSCRIBE TO THE IFA DAILY BULLETIN
- 17 Aug 2018Grandfathering is not in consumers' interests: KellBy Tim Stewart
- 17 Aug 2018Advisers can ‘professionalise’ clients’ philanthropyBy Lucy Dean and Killian Plastow
- 17 Aug 2018Standalone robo-advisers ‘will not attract’ HNW investorsBy Reporter
- 17 Aug 2018Assess super on value not fees, Rice Warner urgesBy Killian Plastow
- 16 Aug 2018ANZ taken to task over ‘misleading’ general adviceBy Reporter
- 16 Aug 2018Faith in adviser ethics fallsBy Reporter
- view all