Global insurer’s re-shuffle
A re-shuffle of Allianz’ global corporate and speciality SE (AGCS) sees its board of management expanded with new regional responsibilities attached.
Newly-appointed board member Carsten Scheffel, currently regional CEO for AGCS in London, will lead the AGCS business with new area responsibilities that now include New Zealand.
Scheffel, who is a former CEO of the Americas region, will lead the business in the UK, Ireland, the Nordic region, Russia, central and eastern Europe, the Middle East, Australia, New Zealand and South America.
The appointment will be effective 1 January 2015 and subject to regulatory approval where relevant.
Ex-Vero man goes out on his own
EGM Andrew Aitken is now working as an independent director following his June departure from almost three decades with the company.
IF fellow and member of the Institute of Directors is described by colleagues as having a mix of technical knowledge and skills, extensive executive experience and advanced people capabilities that make him a rare and valuable find.
Insurance lawyer helps poor entrepreneurs
McElroys solicitor and co-founder of a micro-finance project called Aotearoa Development Cooperative Andrew Colgan is celebrating 500 loans made to poor entrepreneurs in Myanmar and Malawi in the last seven years.
The initiative, which is financed by fund-raising events by young professionals donating around $10 a week, now turns over between $70,000-$100,000 a year.
Plus4 adds one
National insurance broking and financial adviser group Plus4 Insurance Solutions has welcomed Nelson-based financial adviser Peter Ogilvie to the group.
The AFA, who has more than 14 years’ experience in the sector serving SMEs, the rural community, families and high net worth individuals, is the latest addition to the cooperative which was established in 2008.
ACE Group gives back
Kiwi ACE employees participated in a 'Backyard Blitz' activity for the Wilson Home Trust as part of the company’s Day of Service. The Trust, for children with disabilities, has a vision of integrating their facility with the local community. The ACE team assisted by removing a fence, clearing walking tracks and conducting other landscaping tasks.
The annual initiative, which is held across 11 countries in Asia Pacific including New Zealand and Australia, forms part of ACE’s corporate social responsibility efforts.