Board of Directors

We have a strong Board of Directors who have a broad range of experience and expertise that includes working across international markets.

 

Sir John Wells KNZM, FCA - Chairman

Sir John has a background in governance and financial services in both private and public organisations, a career in merchant and investment banking, and extensive experience in sports governance.

He is currently the Chairman of Fisher Funds Management Limited, Sheffield North Island Limited, MartinJenkins & Associates Limited and World Masters Games 2017 Limited, and an advisory board member of Marsh Limited. He recently stepped down from the role of non-executive Chair of Bancorp, a merchant and investment banking group of companies he co-founded in 1987. 

Sir John was appointed the inaugural Chairman of SPARC (now known as Sport NZ), a position he held for nine years until 2009. He was a member of the Rugby World Cup Bid Committee which was successful in gaining the hosting rights for the 2011 RWC and subsequently became a Government appointee to the Board of Rugby NZ 2011 Ltd. In 1999, Sir John chaired the National Coordinating Committee responsible for the delivery of New Zealand high performance sport.

Sir John was awarded a Distinguished Companion of The New Zealand Order of Merit (DCNZM) for his services to business and sport in the New Year Honours 2009 and was subsequently invested with a Knighthood. At the 2013 Halberg Awards he was the recipient of the Sport New Zealand Leadership Award. Sir John is Fellow of Chartered Accountants Australia & New Zealand, and Fellow of the Chartered Institute of Secretaries.

 

Alistair Hutchison - Deputy Chairman

Alistair participated in the buy-out of CBL Insurance in 1996. He has a background as an economist and has specialist expertise in financial services, public administration and micro lending.

Alistair is a past member of the Board of Governors, World Bank, International Monetary Fund and Asian Development Bank and was previously the Financial Secretary of Samoa. He currently holds equity participatory positions in various financial services companies in New Zealand and the Southwest Pacific and is Chairman of Federal Pacific Group Limited.

Alistair has post graduate degrees in Accounting and Economics from Victoria University, New Zealand. In 2014 he was awarded the order of Merit of Samoa for services to Samoa.

 

Peter Harris - Managing Director

Peter participated in the buy-out of CBL Insurance in 1996, initially heading up sales and international revenue, and was appointed Managing Director in 2007.

Peter was seconded to the Victorian Builders Warranty Advisory Council in 2008. Peter is also an “Authorised Person” with the United Kingdom Financial Conduct Authority and the Central Bank of Ireland. Prior to joining CBL, Peter was an investment banker, a Director and shareholder in General Capital & Commerce Limited, a Director of Boston Marks International Limited, and a senior executive of Fletcher Steel Limited.

Peter was awarded the Air New Zealand Young Businessman of the Year in 1984 and, more recently, was named as both Ernst & Young NZ Entrepreneur of the Year and 2017 ANZIIF Insurance Industry Leader of the Year.

Peter is a Director of the Latin American New Zealand Business Council, a member of the NZ Institute of Management and a foundation member of the Spirit of New Zealand Foundation. He obtained his M Mktg I after studying through the University of Auckland Business School and is an alumni member of the Australian Graduate School of Management.

 

Tony Hannon - Non-Executive Independent Director

Tony is a Partner of Bancorp Merchant Bankers and has had an investment banking career covering mergers, acquisitions, dispositions, capital raising, private equity and mezzanine finance.

He is currently Chairman of General Capital Technologies Limited and Appello Services Limited, together a Fund Administration Provider, and Omni Health Limited, a general medical practice healthcare company. He is a Director of a number of companies, including  substantial Maori-owned seafood companies, Aotearoa Fisheries Limited and Sealord Group Limited; and Treble Cone Ski Area.

He was Chairman of Snow Sports New Zealand for nearly six years. Over the last 20 years Tony has held many prominent directorships, including Canterbury of New Zealand Limited, Jade Software Corporation Limited, Nextwindow Limited, Jucy Group Limited and AJ Hackett Bungy Group. Tony also established New Zealand’s first pure Mezzanine Investment Fund. He has a BCom (Accounting and Economics) from Otago University.

 

Ian Marsh - Non-Executive Independent Director

Ian has extensive international senior management and board governance experience in the financial services sector across his 45 year career.

He has held a variety of executive and managerial positions with American Express Company, with geographical responsibilities across Europe, the Middle East and Asia, including Greater China, Korea, Japan and the Philippines. Ian concluded his American Express career as President and Chief Executive Officer of the Japan Region. 

Subsequent to this he was Managing Director and Executive Vice President for Western Union Asia Pacific and a member of the executive team that took Western Union public on the New York Stock Exchange.

He is currently Non-Executive Director of Noventis Inc and Chairman of the Compensation Committee. Previously he was a Non-Executive Director of Ireland based Fexco, Chairman of the Compliance Committee and member of the Remuneration Committee. He was also a Non-Executive Director of the US-based Hypercom Corp and Chairman of the Compensation Committee. Prior to this Ian was Non-Executive Chairman of the Gilman Group in Hong Kong. Ian also served as President Europe of The Reader’s Digest Association, Inc. Ian was educated in London and studied the Institute of Bankers qualifications.

 

Paul Donaldson – Non-Executive Independent Director

Paul is a former senior executive in a FTSE 100 insurer with in excess of 15 years’ extensive experience operating at board and executive committee level. He currently holds a small portfolio of INED directorships.

Paul retired as Executive Director Broker Relationships & Sales; and Chairman, Global Speciality Lines for RSA Insurance Plc, part of the Royal & Sun Alliance Group (RSA), in June 2014, after 38 years in various roles.

These roles included four years as Managing Director, UK Commercial and nine years as Chief Executive Officer of RSA Ireland, as well as being a member of RSA Canada Board for three years.

Paul lives in Dublin, Ireland and is currently also a Director of  Pharma International Insurance Limited , Talanx Re Ireland Limited and Two Druids Ventures Limited. Paul is a Fellow of the Chartered Insurance Institute London and a past President of the Irish Insurance Federation.