About Good Returns  |  Advertise  |  Contact Us  |  Terms & Conditions  |  RSS Feeds Other Sites:   tmmonline.nz  |   landlords.co.nz
Last Article Uploaded: Thursday, July 18th, 7:09PM
rss
Latest Headlines

Sovereign top brass take charge at AIA

AIA has named its executive team and the roles have largely been filled with former Sovereign staff.

Tuesday, July 24th 2018, 1:56PM

Former AIA managing director Graeme Edwards left his role at the beginning of the month, after it was confirmed that AIA had completed its purchase of Sovereign from Commonwealth Bank.

Sovereign chief executive Nick Stanhope is now at the helm of both insurers.

He has brought much of the Sovereign team with him, including chief partnership insurance officer, distribution, Patrice de Marigny, and Len Elikhis as chief product officer.

David Savidan remains in his role as AIA’s chief marketing officer.

Other members of AIA’s new management team include Angela Busby, chief strategy officer, Kristy Redfern, general counsel and company secretary, Sharron-Moana Botica, chief customer officer, Brynlea Hunter-Morpeth, chief people and culture officer,  Doune Connett, chief risk officer, Linda Page, chief financial officer and Shane Ohlin, chief technology officer.

AIA New Zealand and Sovereign will continue to operate under their respective brands for the immediate future and until a long-term brand strategy is announced. Both AIA and Sovereign will continue to sell their respective products in the near term.

Under the $4.15 billion deal AIA acquired CommInsure in Australia and Sovereign in New Zealand. AIA has entered a 20-year strategic distribution agreement with ASB.

Tags: AIA Sovereign

« Which QFEs in FMA's sights?Active discussion on sale of AMP NZ under way »

Special Offers

Comments from our readers

No comments yet

Sign In to add your comment

 

print

Printable version  

print

Email to a friend
Insurance Briefs

Future actuary rewarded

nib expands First Choice network
nib has announced an expansion of its First Choice network, which the health insurer says has delivered more than $1 million in claims savings in the first year of operation.

Fidelity Life team up for award
Fidelity Life chief technology Officer Dan Wilkinson and his team have been named as a finalist in the Best ICT Team Culture category at the 2019 New Zealand CIO Awards.

Cigna to support kids' mental health
Cigna New Zealand and Life Education have partnered to develop Small Changes Whānau Challenge, a new take-home resource that will support classroom learning about kids’ mental health and wellbeing.

News Bites
Latest Comments
  • Pathfinder-backed KiwiSaver to target gender diversity
    “This is a great initiative by Pathfinder - congratulations on taking a risk, and standing up for something that you believe...”
    15 hours ago by Pragmatic
  • Call to ensure efficient advice licensing
    “@all Put your cheque books away - no need to pay the lawyers to do the research to provide an opinion...... In my old...”
    1 day ago by Murray Weatherston
  • Call to ensure efficient advice licensing
    “Further reading - Kinsington Swan in February 2018 https://www.kensingtonswan.com/news-updates-and-events/financial-advice-reforms-insights-series-14-penalties-enforcement-complaints-and-disciplinary-matters/...”
    2 days ago by all hat, no cattle
  • Call to ensure efficient advice licensing
    “MPT and Murray this might help https://www.fma.govt.nz/assets/Fact-sheets/Who-will-need-a-licence-to-provide-financial-advice...”
    2 days ago by all hat, no cattle
  • Call to ensure efficient advice licensing
    “Thanks Murray, it seems we are on the same page. Be great if the regulators could confirm or not. AHNC, I agree I dont...”
    2 days ago by MPT Heretic
Subscribe Now

Cover Notes - Specific news aimed at risk advisers

Previous News

MORE NEWS»

Most Commented On
About Us  |  Advertise  |  Contact Us  |  Terms & Conditions  |  Privacy Policy  |  RSS Feeds  |  Letters  |  Archive  |  Toolbox
 
Site by Web Developer and eyelovedesign.com