Industry stalwart Andrew Aitken has been appointed as a new non-executive director working for NZ Brokers Holdings Ltd, a subsidiary of Austbrokers Holdings Ltd.

The former Vero executive retired from his position as EGM – commercial and personal in June last year.

He had been working as an independent director since then and started this new role effective on 23 February.

With over 37 years’ experience working with a range of leading insurance and financial services institutions, he would bring complementary skills and experience to the NZ Brokers board, said Mark Searles, chairman of NZ Brokers Holdings.

Searles said: “I am delighted to have Andrew join the board of NZ brokers Holdings.

“Andrew’s reputation and extensive experience in the New Zealand insurance market, together with his risk and governance background will prove invaluable.
“On behalf of my co-directors we look forward to working with him to further grow NZ Brokers Holdings.”

Aitken was described as being a principal driver of Vero’s business and profit growth during the period he worked there.

He had previously been a director for AA Insurance, Vero Insurance and Autosure NZ.

Aitken is also a chartered member of NZIOD as well as a fellow of the Australian and New Zealand Insititute of Insurance and Finance (ANZIIF).