Melbourne, 13 June 2017 – AIA Australia, one of the largest life insurers in Australia*, has announced changes to the executive team with the creation of the new roles of Chief Health Insurance Officer and Chief Strategy Officer as well as the appointment of a new Chief Financial Officer.
The appointments further support AIA’s ambition to champion the cause to make Australia and New Zealand the healthiest and most protected nations in the world.
Harry Efthimiou has been appointed Chief Health Insurance Officer. He has been with AIA Australia since 2010 in the roles of Chief Financial Officer and Chief Finance & Strategy Officer. Prior to joining AIA, Harry spent eight years with Aviva in a range of roles, including Head of Mergers & Acquisitions for Aviva PLC in the United Kingdom (UK) and Head of Aviva Finance Integration following the takeover of Aviva by MLC/NAB Wealth.
Tim Tez takes up the newly created role of Chief Strategy Officer for Australia and New Zealand, with responsibility for Strategy, Corporate Affairs and Government Relations. He was previously a key part of the AIA Australia team from 2009-2014, as Chief Marketing Officer. Prior to AIA, Tim has worked in executive positions for MetLife, AXA and TAL.
Michael Chernov has been appointed Chief Financial Officer for Australia and New Zealand and is a qualified actuary with over 18 years’ experience in the life insurance industry across Australia and the UK. He joined AIA Australia in 2009 and has held senior roles in the Actuarial, Finance and Strategy teams. Prior to joining AIA Australia, Michael gained experience in both consulting and reinsurance with roles at Munich Re (UK), Deloitte (UK and Australia) and Trowbridge Consulting (Australia).
These new positions have been specifically set up to provide strong support for AIA’s business opportunities in the life and health insurance sectors across Australia and New Zealand.
Damien Mu, CEO of AIA Australia and New Zealand, said “I am delighted to have Tim, Harry and Michael in their new roles. These members of our executive team are an excellent example of how we in AIA continually support our employees to grow professionally and personally with us. Tim, Harry and Michael are all well known to the AIA family, and each of them has played an instrumental role in delivering the significant growth we have achieved over the last few years. I know that they will use their deep industry knowledge and experience to capitalise on positive momentum from the recent past and take AIA’s business in Australia and New Zealand to the next level.”
*Source: Strategic Insight
T: +613 9009 4143 E: Ingrid.Nienaber@aia.com
About AIA Australia
AIA Australia Limited is an independent life insurance specialist with over 40 years of experience building real and sustainable partnerships. AIA Australia offers a range of products that protect and enhance the lives of nearly three million Australians and is widely recognised as a market leader in product innovation and development. AIA Group Limited and its subsidiaries (collectively “AIA” or the “Group”) comprise the largest independent publicly listed pan-Asian life insurance group. It has a presence in 18 markets in Asia-Pacific.
AIA Australia is one of the country’s largest life insurers by market share and works closely with major financial institutions and corporate partners to provide life insurance solutions for their customers. In addition, AIA Australia is the fastest growing provider of retail life insurance products sold through financial advisers. AIA Australia also works with a network of affinity partners that distribute life insurance products. By having a partnership philosophy at the core of its business, AIA Australia is focused on building genuine relationships and delivering real value to its business partners.
In March 2014, AIA Australia introduced ‘Vitality’ – the world’s leading scientifically-backed health and wellness programme, to the Australian market. AIA Vitality aims to be the catalyst for real change to the positive health outcomes of Australians.