ING Australia has finalised the restructure of its distribution operations with the appointment today of Sealcorp director of distribution and sales Dan Powell into the newly created role of ING executive director sales and marketing.
ING announced an overhaul of its distribution channels earlier this year – a move later followed by a broader organisational revamp that saw the creation of four new business units and a restructuring of its executive line-up.
The broader restructure, which takes effect this month, sees a split in the management tiers of its insurance business and a merging of its sales and marketing divisions.
Prior to today’s announcement, ING head of states and operations John Suter had been overseeing the transition of the sales and marketing divisions in a caretaker capacity.
Powell, in part, fills a role that has been vacant for six months after former executive director sales and national distribution, Charles Smith, stepped into the role of ING Advice director business development.
Powell has been with Sealcorp since 1999, and prior to this was with BT Financial Group for more than a decade having worked in a range of roles, including senior vice president business development.
“We look forward to Dan contributing his experience and drive in leading ING’s sales and marketing teams, as well as being a key contributor at the executive board level,” ING Australia chief executive Paul Bedbrook said.
Powell’s appointment completes a new look ING executive line-up of 11, with the former Sealcorp staffer joining a number of others who have recently taken on new roles.
These include head of personal investments Alexis George (previously executive director customer service), head of employer superannuation Ross Bowden (previously executive director marketing), head of risk insurance Helen Troup (previously head of insurance) and head of direct insurances Richard Schoeffer (previously head of ANZ Insurance Services).
“I’m looking forward to working with ING’s wide distribution networks including its own dealer groups, ANZ Bank, other financial institutions and the open market,” Powell said of his new role.
