Outgoing IAG executive to become Unity Credit Union CEO

Outgoing IAG executive to become Unity Credit Union CEO | Insurance Business New Zealand

Outgoing IAG executive to become Unity Credit Union CEO

Unity Credit Union has appointed IAG executive Kevin Hughes (pictured above) as its incoming CEO, beginning April and pending regulatory approval.

Hughes, who is currently executive general manager for programmes and planning at IAG New Zealand, has more than 30 years’ experience in the financial services sector. He joined IAG New Zealand as general manager of State Insurance distribution in 2011. He was then appointed to the IAG executive leadership team in 2016.

Originally from Hawke’s Bay, Hughes worked at the Māori Language Commission during and after his university studies before relocating to London. After returning to New Zealand, he joined ANZ, where held several roles in finance, marketing and operations, culminating in the role of general manager, business banking.

Hughes will succeed acting chief executive Brian Hayr.

“Kevin’s expertise and extensive leadership experience in the financial services industry will be a great asset to the Unity business,” said Louise Edwards, chair of Unity. “His customer-centric approach and knowledge of leading complex digital transformation will ensure member value and experience remains at the forefront of everything we do.

“Our board is thrilled to have attracted this calibre of talent following an extensive search from a field of highly skilled applicants.”

Unity is a not-for-profit, New Zealand-owned financial cooperative that provides banking services, as well as loans, mortgage, and insurance.

“I am excited to join an organisation with a strong purpose and community focus like Unity,” Hughes said. “Unity has such an important role to play in the future wellbeing of our members and their communities. I am looking forward to the opportunity to enhance that role and to help set Unity up for success, for many years to come.”