POWERED BY MOMENTUM MEDIA
Zurich taps Summerhayes for chair role
Former Australian Prudential Regulation Authority (APRA) board member, Geoff Summerhayes, has taken over as chair of Zurich Financial Services Australia.
He was a former executive board member at APRA, chief executive of Suncorp Life and chief executive of MLC Superannuation and Investments.
Zurich also announced Noel Condon and Mary Waldron as independent non-executive directors of Zurich and Nicolette Rubinsztein was appointed a director of Zurich Australia Insurance Ltd.
Summerhayes would also chair Zurich’s other related corporate entities, having previously served as an independent non-executive director on each of these boards since January 2022.
He said: "I am delighted and honoured to take on this new role. Zurich occupies a unique position as a composite – life and general – insurer and my focus as chair will be to continue to work with our executive team, led by chief executive Justin Delaney, as we evolve Zurich's proposition and operations for the benefit of our customers and employees”.
The appointments followed the resignation of chair, Paul Bedbrook, and non-executive director Elaine Collins at the end of 2022.
AUTHOR
Laura Dew
Laura Dew is editor at Super Review. Prior to joining SR, she spent five years working at Investment Week in the UK covering asset and wealth management.
Recommended for you
The Albanese government has appointed Jim Craig as a member of the Future Fund Board of Guardians for a five‑year term.
The $100 billion fund has appointed a new deputy CIO from within.
The $149 billion fund has named new directors following the departure of three outgoing board members.
The Association of Superannuation Funds of Australia (ASFA) has announced changes to its structure, marking an “exciting phase of growth” for the organisation.
TOP PERFORMING FUNDS
ACS FIXED INT - AUSTRALIA/GLOBAL BOND
Fund name
3y(%)pa
1
GAM LSA Private Shares AU I
37.08 3 y p.a(%)
2
DomaCom Lot 21 Chellaston Road Munno Para West SA 5115 Australia
32.63 3 y p.a(%)
3
Fidante Credit Suisse Global Private Equity
32.16 3 y p.a(%)
4
Global X GlobalX FANG+ ETF
28.28 3 y p.a(%)
5
Plato Global Alpha A
27.76 3 y p.a(%)
