Zurich investment and risk exec resigns
Zurich Financial Services Australia is set to lose a key executive with the resignation of investment management and life risk business head Peter Delprado, who will depart at the end of the year.
However the group has moved swiftly to fill the vacancy quickly, with Barry Tomkinson promoted to take on the role with immediate effect.
Tomkinson leaves his existing role as strategy, planning and support manager, a position he has held since joining the group last July.
Tomkinson brings more than 20 years experience in the financial services in Australia and overseas to the role, having worked in a variety of areas including insurance, superannuation, bancassurance and wealth management.
Prior to joining Zurich his most recent roles include e-business leader at AMP Australia and director, strategy delivery, at the consultancy firm Program Delivery Partners.
Delprado says his decision to leave was in order to pursue other interests.
“I am looking forward to carrying on his work,” Tomkinson says.
Inflows into the individual insurance lump sum market grew by 9.5 per cent in the 12 months to June 2004 according to statistics released last week by Plan For Life.
Zurich, at 18.4 per cent, was the best performer in this sub-market, which includes term life, total and permanent disablement, and trauma insurance.
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