Steadfast executive general manager Allan Reynolds has become an honorary life member of the Australian and New Zealand Institute of Insurance and Finance.
His membership was confirmed at The Institute’s AGM on 23 May. Reynolds has enjoyed a 42-year career in insurance and proven himself a committed promoter of the industry. He has also held numerous council and committee roles over the years for both the Institute and other industry bodies.
The AGM also marked the last day as director for Duncan West who has held the role since August 2002 and also served as president of the Institute from 2009-2011. The board took this opportunity to thank West for his extraordinary service.
“Duncan has given many years of guidance, support and vision to the Institute and established himself as a true patron of the industry. He has been a dedicated and invaluable member of the board and the leadership he has provided has assisted the Institute to go from strength to strength,” said Institute president Jonathon Fox.
West expressed his thanks for his time on the Institute board. “I have been privileged to serve the Institute over the past 12 years. I thank the many people I have worked with over my time on the board and look forward to seeing the Institute continue its role in educating, supporting and promoting the industry and its people in the years to come.”
Since the AGM held in 2013, two new directors have joined the board – Prue Willsford
, Institute CEO, and Paul Munton, general manager of broker products at Lumley General Insurance New Zealand. During this period, Steve Nevett, Joan Fitzpatrick and Tom Reddacliff stepped down as directors.
It was confirmed at the AGM that board president Jonathon Fox, general manager of Elders Insurance, and board deputy president Karl Armstrong, executive general manager of NZI, will continue in their respective roles as office bearers.
The board presented Cheryl Richardson, senior vice president of Marsh
, with a Service Award for her contribution to the Institute and the insurance industry. Richardson began her career with the RACQ before spending time with Minet Australia and Sedgwick James (later Marsh
). She has a passion for education and industry development and has served as an advocate of women’s progression in insurance and held many advisory and leadership roles in the industry.
The EE Vines Memorial Prize was presented to Don McKenzie for his article, “Innovation: Ideas are not enough!” which was published in Issue 3, 2013, of the Institute’s Journal magazine.
was appointed as auditor for the 2014 financial year.