Leading LMI provider hires Suncorp exec

The new hire aims to further develop the firm's products and services, adapting them to changing consumer needs

Leading LMI provider hires Suncorp exec

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One of Suncorp’s leadership team will be joining as an executive at Australia’s largest provider of lenders mortgage insurance (LMI) Genworth.

Steven Degetto, whose most recent role was head of life and wealth intermediaries at Suncorp will join Genworth as its new chief commercial officer as well as a member of the senior leadership team and executive committee.

Degetto will be responsible for marketing and distribution of Genworth’s products to meet customers’ changing needs.

“We are very excited and pleased to have an individual with Steven’s experience join our team as the new chief commercial officer, said Genworth CEO Georgette Nicholas.

“Steven brings to Genworth extensive business development leadership and experience in residential mortgages as well as strong commercial acumen and an unwavering customer focus.”

Degetto will commence his role at Suncorp in the third quarter of this year.

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