Heavey to pursue personal business venture after Suncorp departure

by Mackenzie McCarty12 Nov 2013

Suncorp Bank’s general manager intermediaries, Steve Heavey, is leaving the lender in order to pursue his own interests.

“I’ve decided to pursue a personal business venture, something I’ve had in the back of my mind for a while.”

While he wouldn't be drawn on further details, Heavey, who announced his departure following that of Suncorp Bank CEO, David Foster, on Friday, tells Australian Broker he’s proud of his time at bank and says the decision to leave was not easy.

“I’ve enjoyed my time at Suncorp so it’s been hard making a decision to move on. But the time is right for me to look for a new challenge. I leave Suncorp in a position where it is a viable option [when compared] to the majors, something I set out to achieve from day one.”

He says highlights of his time at Suncorp include leading the intermediary channel through a major transition over the past two years, as well as developing the bank’s improved broker proposition.

“It’s proving attractive in market and getting real traction and puts the intermediaries team in an excellent position for future success.”

A slightly tongue-in-cheek report on Heavey's departure published in the Courier Mail says readers may recall he was in charge of various broking operations in Queensland, before effectively becoming head of St George in Brisbane and then moving south.

"He loved nothing more than a good day at the races punting hard and sneaking in a few light libations at the same time."

Heavey will leave Suncorp in three months’ time. His replacement has not yet been named.


  • by Inner East Melbourne Broker 12/11/2013 9:07:18 AM

    Steve Heavey achieved quite a bit in his time at Suncorp - they really are a great option these days. We look forward to continuing our support of their brand and proposition.

  • by South Perth Broker 12/11/2013 1:17:51 PM

    Steve Heavey is leaving Suncorp in a far better position than when he arrived. The person who replaces him has big shoes to fill! I am sad to see he is leaving, but I am sure it won't be long when we seem him around the traps again. He has definitely improved the broker proposition as great 2nd tier lender with innovation :)