Sun Life Financial appoints Mike Goodall
Mike Goodall
Former ANZ Financial Planning general manager Mike Goodall has been appointed as Sun Life Financial (SLF) Asia’s vice-president, regional business development and bancassurance.
Effective from October 6 this year, Goodall will be responsible for developing new distribution channels in the region, including India, Indonesia, Philippines, and China, with a “strong focus” on the IFA and bancassurance channels.
“I will be working in close collaboration with these countries’ leaders to help develop and execute strategies for expanding their business,” Goodall said.
SLF Asia sales have increased at a compounded annual growth rate of almost 50 per cent during the past five years while profits increased over 30 per cent, according to Goodall.
“With this sort of growth in Asia, the ability for me to use my IFA and bancassurance experience from Australia was just too good an opportunity to pass up.”
He said Inpro Australia, which he launched after leaving ANZFP in 2006, will “continue to be managed by the existing management team”.
The advice boutique’s joint venture with Horsell International, one of Australia’s leading general insurance brokers, will “also continue”, he said.
Recommended for you
The month of April enjoyed four back-to-back weeks of growth in financial adviser numbers, with this past week seeing a net rise of five.
ASIC has permanently banned a former Perth adviser after he made “materially misleading” statements to induce investors.
The Financial Services and Credit Panel has made a written order to a relevant provider after it gave advice regarding non-concessional contributions.
With the election taking place on Saturday (3 May), Adviser Ratings examines how the two major parties could shape the advice industry in the future.
