CommInsure appoints head of annuities

CommInsure is pleased to announce the appointment of George Lytas to a new position of Head of Annuities for its Superannuation & Investments business.

Mr Lytas brings over 20 years’ experience to CommInsure, most recently as Acting Head of General Insurance for BT Financial Group. Prior to joining BT in 2011, George spent five years in ING’s Wealth Management business in several roles including Head of Product Development where he led a team responsible for the development of retirement income and investment solutions for the Australian market. George has also held senior roles with AMP, Colonial and the Royal SunAlliance Group.

Greg Ballard, General Manager of Superannuation and Investments, CommInsure, said, “We are delighted to appoint George to help drive growth of our Annuities business. George brings a wealth of knowledge in the development of retirement income solutions for the Australian market. He joins our business at a pivotal time in the industry where there is increasing demand for guaranteed retirement income products, such as annuities, which can help provide adequate savings in retirement.”