Head of Pivotal Financial Advisers Maria Cheer will be leaving the company as Craig Parker takes the role, Money Management has confirmed.
Money Management understands that TAL – Pivotal's parent company – recently reviewed the position and decided Parker was the best person to take the role.
"We sincerely thank Maria for the work she has completed and the strong contribution she has made during her time with TAL and Pivotal," TAL chief executive, retail life, Brett Clark said.
Parker has been with TAL for over two years as regional manager for Victoria, Tasmania, South Australia and the Northern Territory, and "in his time as regional manager VIC/TAS/SA/NT, TAL has been the most successful life insurer in that market," Clark said.
The TAL-owned dealer group has 60 authorised representatives nationally, according to the Australian Securities and Investments Commission data.
Parker (who spent around 20 years in the financial services industry) will start his new role immediately and will report directly to Clark.
