AIG's new CEO
Monday, November 12th 2007, 7:33AM
David Pierce has been appointed as the new chief executive of AIG Life (formerly AIA) in New Zealand, replacing Nick Scarlett.Pierce, who has been with AIG Life's parent company AIG for 11 years and has extensive experience in several of the company's major regional offices, most recently Hong Kong, Singapore and India.
He is a 27-year veteran of the insurance and financial services industry, working as an agent and brokerage consultant before moving into senior management and leadership roles at the branch, regional and home offices levels in the United States and Asia.
Pierce will lead the ongoing growth and development of AIG Life in the marketplace, and will shortly launch a new initiative – a first for the New Zealand market – which has proved highly successful in other AIG companies in the Asia-Pacific region.
Pierce says there is "enormous opportunity" in the New Zealand life insurance market and AIG will soon be launching some new initiatives.
Nick Scarlett, who has returned to the AIG's Hong Kong office.
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