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Fidelity adds new board member

Fidelity Life's newest board member is a former CEO of NZI and most recently worked for a reinsurer.

Friday, May 9th 2014, 7:37AM

Trans-Tasman insurance industry figure Roger Garrett has been appointed to the board of Fidelity Life.

Garrett has held a number of senior actuarial and management roles in both New Zealand and Australia.  He is well known in the life insurance sector from his time as chief executive of NZI Life in New Zealand, as well as more recently in his role as Head of Life Operations with Munich Reinsurance Group, based in Australia.

He has extensive experience in life insurance across Australasia, especially through his role with Munich Reinsurance where he was involved in the negotiation and operation of a variety of partnerships with insurers across the region.

Garrett also has considerable governance experience.  He is currently a director and chair of the risk committee of TAL Life Australia, formerly TOWER Life Australia, and is a non-executive director with the New Zealand Police Welfare Fund.  He has also consulted to the New Zealand Reserve Bank.

Fidelity chairman Ian Braddock said the appointment of Garrett takes the board to six directors and will bring fresh new perspective for the business as the company continues through an exciting period of growth and change.

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