HFA - Pettett = ISI?
Wednesday, December 15th 2004, 8:31PM 
2 Comments
The news that Andrea Pettett is resigning as executive director of the Health Funds Association is a pretty big hit on that organisation.Pettett is highly regarded for her mix of skills and the work she has done at the HFA. It's a bit of a cliche, but filling her shoes will be quite a hard job.
The obvious question which comes up is will one of the other associations representing industry sectors try and take over the HFA?
The Investment Savings and Insurance Association is the most obvious suitor. The ISI and HFA share office space in Wellington and ISI ceo Vance Arkinstall has said previously that he would like to see some of the associations get together.
His logic back then still stands now and there is a reasonable cross-over in membership.
An added sweetener is that HFA has a not insignificant bank balance.
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On 3 February 2005 at 4:12 pm Asset Manager said:
Indeed it is a shame to see her go. Has there been any word on who is going to replace her?
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Shame to see Andrea go, a very helpful person.
On merger; I am not sure that will necessarily help the cause of health insurers much, this specialised area would be in danger of being swamped in the other business. Probably unlikely that Southern Cross will want it either!