Zurich taps Summerhayes for chair role

Zurich mlc Suncorp APRA

30 January 2023
| By Laura Dew |
image
image
expand image

Former Australian Prudential Regulation Authority (APRA) board member, Geoff Summerhayes, has taken over as chair of Zurich Financial Services Australia.

He was a former executive board member at APRA, chief executive of Suncorp Life and chief executive of MLC Superannuation and Investments.

Zurich also announced Noel Condon and Mary Waldron as independent non-executive directors of Zurich and Nicolette Rubinsztein was appointed a director of Zurich Australia Insurance Ltd.

Summerhayes would also chair Zurich’s other related corporate entities, having previously served as an independent non-executive director on each of these boards since January 2022.

He said: "I am delighted and honoured to take on this new role. Zurich occupies a unique position as a composite – life and general – insurer and my focus as chair will be to continue to work with our executive team, led by chief executive Justin Delaney, as we evolve Zurich's proposition and operations for the benefit of our customers and employees”.

 The appointments followed the resignation of chair, Paul Bedbrook, and non-executive director Elaine Collins.

Read more about:

AUTHOR

Recommended for you

sub-bgsidebar subscription

Never miss the latest news and developments in wealth management industry

MARKET INSIGHTS

This verdict highlights something deeply wrong and rotten at the heart of the FSCP. We are witnessing a heavy-handed, op...

10 hours ago

Interesting. Would be good to know the details of the StrategyOne deal....

4 days 15 hours ago

It’s astonishing to see the FAAA now pushing for more advisers by courting "career changers" and international recruits,...

3 weeks 2 days ago

Insignia Financial has made four appointments, including three who have joined from TAL, to lead strategy and innovation in its retirement solutions for the MLC brand....

2 weeks 4 days ago

A former Brisbane financial adviser has been charged with 26 counts of dishonest conduct regarding a failure to disclose he would receive substantial commission payments ...

3 days 13 hours ago

Pinnacle Investment Management has announced it will acquire strategic interests in two international fund managers for $142 million....

2 days 16 hours ago