New leader for Securitor

financial-services-industry/remuneration/insurance/dealer-group/chief-executive/

18 April 2007
| By Darin Tyson-Chan |

The St George owned financial planning dealer group Securitor has announced a change in its senior management structure, with Neil Younger taking over from Sean West as the head of advice business solutions.

The announcement was made at the commencement of Securitor’s annual convention.

“Neil Younger brings more than 20 years experience in the financial services industry to his new role as head of advice business solutions, seven of which [were] spent with Asgard,” St George Group executive for wealth and chief executive of Asgard Wealth Solutions Geoff Lloyd said.

“Most recently, as the head of business and strategy development, Younger oversaw the development of the group’s new integrated financial planning and practice management technology, AdviserNETgain,” he added.

Lloyd revealed Younger’s focus going forward would be to further develop the dealer group’s remuneration model and service proposition for its advisers with applications such as AdviserNETgain and profitability enhancement aid Business Torque.

The elevation of Younger was necessitated after West was himself promoted to the position of St George Insurance general manager.

According to Lloyd, West’s new role signifies St George’s intention to make insurance a strategic priority in the immediate future.

“Our financial planners have also told us they think there is more we can do to battle the high levels of underinsurance in the community. Consequently, this has spurred us to think more seriously about what we can do to raise the issue of the importance of insurance in the minds of consumers,” Lloyd said.

“Sean, with his wealth of experience in the financial services industry, is the right person to drive the growth of our insurance portfolio,” he added.

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