Stewart replaces Garrett on board
Ralph Stewart, a former chief executive of the Accident Compensation Corporation and AXA New Zealand, has been appointed as a new professional director of the Police Welfare Fund and its subsidiaries.
The Police Association represents more than 11,000 currently serving constabulary and police employees. Police Welfare Fund Ltd is part of the association, serving the interests of its members, who are current and former police and their families, including through operating one of NZ’s largest private health plans, looking after the health of some 33,000 members.
Recently AIA won the tender to run the fund's life insurance business. In addition, the welfare fund maintains a large holiday accommodation network nationwide, and provides a variety of services, including a range of insurance and financial products to members.
Stewart will also serve on the subsidiary boards governing the health plan, insurances, and mortgages businesses.
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