Tower names Richard Harding as new CEO

July 21 2015 by InsuranceAsia News Staff

New Zealand’s major insurer, Tower, has named Richard Harding as its new CEO, concluding an international search to replace current CEO David Hancock, who is concluding his two-year tenure with Tower.

Harding’s appointment was announced by Tower’s chairman, Michael Stiassny, and will take effect on 17 August.

Harding has almost 30 years of experience in the insurance sector in Australia and Asia, and was previously CEO of Territory Insurance Office, which was sold to Allianz last year.

Stiassny said Harding’s experience will support Tower as it continues to implement its growth strategy to transform itself into a general insurer that cares about its customers.

Harding described Tower as an iconic New Zealand company with a strong brand, a genuine focus on its customers, and a commitment to do things differently.

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