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Suncorp announces veteran third party head

by Staff Reporter9 minute read
The Adviser

Suncorp bank has underpinned its commitment to growing its third party share of the mortgage market with the announcement that Steven Heavey will take up the role of national head of intermediaries.

Mr Heavey, who will take up the new role on 17 October, is set to join the team at a time when Suncorp has already shown significant advances with its broker distribution.

Earlier this month Suncorp secured first placed in The Adviser’s Third Party Banking Report - Second Tier Lenders, winning 6 of the 17 categories.

“Suncorp is committed to the third party distribution channel and my appointment reinforces this. My mandate is clear, to grow the bank’s market share through the third party distribution space, not only in Queensland, but across the nation,” Mr Heavey told The Adviser.

Mr Heavey brings significant experience to the bank, having previously held the role of general manager intermediary distribution at St George.

He initially joined St George as head of the Queensland retail network, however, with his experience was given the responsibility for all intermediaries which included broker, referrer and a group of agents distributing St George products.

After six years at St George Bank Steven Heavey announced in August that he would be moving on at the end of the bank’s financial year.

“I’m looking forward to taking on this new challenge. Suncorp has already proven itself to be a true alternative to the majors and I am excited to promote this further. Having come from a second tier lender, I know what it takes to achieve success in this market and I intend to do just that,” he said.

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