ING hones adviser distribution focus

ANZ/recruitment/chief-executive-officer/executive-director/

10 February 2004
| By Craig Phillips |

By Craig Phillips

ING Australiahas revamped its sales and distribution management structure to sharpen its focus on specific adviser distribution channels.

The group has assigned managers to focus on each of its major adviser distribution channels — ANZ, boutiques/non-aligned advisers and national firms. Previously all areas were collectively the responsibility of the national sales team.

ING has also created two roles as part of the changes — a head of states and operations and a head of national product distribution.

Executive director sales and national distribution Charles Smith will oversee the new structure and take responsibility for revenue targets and overall sales performance.

His team consists of Grant Pearson, who is responsible for boutiques and non-aligned advisers, John Suter, who is taking up the role of head of states and operations, and Roslyn Shirlaw, who will drive product distribution across all major channels in her capacity as head of national product distribution.

“This new structure and channel focus meets the challenges of a rapidly changing and maturing industry. Particular channels have particular needs that require specialist servicing” Smith says.

The group is conducting a recruitment search to fill the ANZ and national firm roles.

“The industry has developed into broadly differentiated sectors and we believe our more specialist approach positions us well to respond to the new environment and create new opportunities,” ING Australia chief executive officer Paul Bedbrook says.

Read more about:

AUTHOR

Recommended for you

sub-bgsidebar subscription

Never miss the latest news and developments in wealth management industry

MARKET INSIGHTS

So we are now underwriting criminal scams?...

2 months 2 weeks ago

Glad to see the back of you Steve. You made financial more expensive, not more affordable as you claim, and presided ...

2 months 2 weeks ago

Completely agree Peter. The definition of 'significant change is circumstances relevant to the scope of the advice' is s...

4 months 3 weeks ago

ASIC has suspended the Australian Financial Services Licence of a Melbourne-based financial advice firm....

4 days 13 hours ago

The corporate regulator has issued infringement notices to three AFSLs whose financial advisers provided personal advice to a retail client while unregistered....

1 week 2 days ago

ASIC has released the results of its first adviser exam to be held in 2025, with 241 candidates attempting the test....

2 weeks ago

TOP PERFORMING FUNDS

ACS FIXED INT - AUSTRALIA/GLOBAL BOND