This is a supplied media release.
New Zealand’s largest locally-owned life insurer, Fidelity Life, has welcomed NZ Super Fund appointee Lindsay Smartt to its board.
Mr Smartt’s appointment follows the recent completion of the NZ Super Fund’s $100 million 41.1% cornerstone stake in Fidelity Life.
A widely experienced risk, financial and governance professional, Mr Smartt has worked in Australia, where he is based, as well as in New Zealand and Asia.
He has held board, chief risk officer, chief financial officer and chief actuary roles in large financial institutions, global reinsurers and consultancies, including his own.
Mr Smartt currently holds a number of other directorships, including with the BT Financial Group insurance companies and The Infants’ Home, and is chairman of The Salvation Army Employment Plus. He is a former president of the Actuaries Institute in Australia and an experienced audit and risk committee chairman.
“We are delighted to welcome Lindsay to the Fidelity Life Board,” says Fidelity Life chairman Brian Blake. “With an international business career spanning almost 40 years, Lindsay brings with him a set of highly relevant, specialised skills and significant experience in our industry. The other Directors and I look forward to working closely with Lindsay as we help steer Fidelity Life through its next phase of growth.”
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