News

Insurance

Staff Reporter

, New Zealand

Published:

2 years ago

/Ryoji Iwata from Unsplash

ICNZ names incoming chief executive, Grafton stepping down on 7 April

Kris Faafoi is a former Cabinet Minister.

The Insurance Council of New Zealand (ICNZ) has announced the appointment of Hon. Kris Faafoi as its new chief executive, beginning April 2024. This appointment follows the stepping down of the current Chief Executive, Tim Grafton, on 7 April.

Faafoi, a former Cabinet Minister, brings a wealth of experience and skills to the role.

ALSO READ: New Zealand’s non-life market ‘stable’, good premium growth is anticipated: AM Best

Faafoi also carries a background in media and politics making them fit for the position, according to Amanda Whiting, ICNZ President and CEO of IAG New Zealand.

The transition will include a four-week handover period starting in early March, ensuring a smooth change in leadership.

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