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AIA beefs up board

  •  
By Alice Uribe
  •  
2 minute read

AIA Australia now has the experience of a former Telecom NZ CEO on its board.

Insurer AIA Australia has appointed New Zealand corporate figure Theresa Gattung to its board of directors.

From 1999-2007, Gattung was the chief executive and managing director of Telecom New Zealand, the largest listed entity on the New Zealand stock exchange (NZSX).

Before this she was chief manager of marketing for Bank of New Zealand and also held executive positions with National Mutual (now Axa) and TVNZ.

"Theresa brings with her a wealth of knowledge and experience, which I believe will provide valuable additional expertise to our Australian business and complement the extensive experience of the other independent directors," AIA Group chief executive and president Mark Wilson said.

 
 

Wilson said Gattung's appointment demonstrated the belief the Australian directors had in the strategy and direction of the business.

Gattung said: "My experience managing a company listed on the NZSX, the ASX (Australian Securities Exchange) and the New York Stock Exchange has given me a unique perspective on business, which I anticipate will add some real value to AIA Australia and the wider AIA Group," Gattung said.

In June, AIA became the new name and brand for AIG Life in Australia, following similar moves by AIG subsidiaries across Asia.