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Fidelity gets acting CEO for six months

Fidelity Life has appointed former chief operating officer Ian Clancy as acting chief executive, replacing the departing Melissa Cantell.

Wednesday, March 15th 2023, 11:58AM

Clancy will lead Fidelity for six months whilst the board undertakes a search for a permanent chief executive. 

Fidelity Life chair Brian Blake says the company’s board is highly confident Clancy will maintain the company’s transformation momentum.

“The board has worked closely with Ian in his current role of chief operating officer and has absolute confidence in his ability to guide Fidelity Life through the next six months. As COO he has had accountability for our enterprise transformation and has played a key role in progressing Fidelity Life’s customer led strategy over the two years that he has been with us.

“We’re delighted with Ian’s appointment and are looking forward to working with him in his new capacity over the coming months.”

Clancy is positioned well for the role with extensive leadership experience in financial services and has led major operations and transformation programmes in large organisations in NZ, Australia and the UK. 

Melissa Cantell will step down on March 31, but will remain in the business during April to support a smooth transition to Ian. Her last day will be April 28.

“The board thanks Mel for her leadership and achievements over the last two and a half years and wishes her well in her next role as chief executive of Aon NZ,” says Blake.

“Fidelity Life is in a strong position, it’s very much business as usual for our people, our advisers and our partners. We’re united behind our purpose to give New Zealanders certainty to enjoy a more rewarding life and are fully focussed on helping more New Zealanders get the benefits of insurance protection.”

Tags: Fidelity Life

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