Suncorp life head to swap roles for one year



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.

The company said the role changes will “give our intermediary partners the opportunity to benefit from the diversity offered by Suncorp’s senior leaders”.

“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.

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