Mr Summerhayes will step down from his role at the end of September 2015, but he will remain with Suncorp in an advisory position until 1 January 2016.
In a statement issued to the ASX yesterday, Suncorp Group named Vero New Zealand – which is a part of the Suncorp Group – chief executive Gary Dransfield as the interim life boss effective 1 October 2015.
During that time he will represent Suncorp in relation to the Trowbridge Report and the on the board of the Financial Services Council.
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Mr Dransfield has worked in the retail financial services industry for 25 years and has held positions with St George bank, AMP and IAG.
