Life insurer appoints new chair: ‘It’s a privilege’

AIA Australia has announced that Peter Yates AM, who has served on the board for over 10 years and as deputy chair since 2016, will take on the position.

“Having served as Deputy Chair of AIA and Chair of CommInsure Life, it’s a privilege to now lead AIA Australia as chair,” Mr Yates said.

“There are significant opportunities ahead, including AIA’s ongoing role as a champion of shared value, as well as the next phase of our journey to help Australians live healthier, longer, better lives.”

The appointment allows Theresa Gattung to continue leading AIA New Zealand as chair.

“On behalf of AIA, we are extremely pleased to have Peter take over as Chair of the AIA Australia Board, following his role as Deputy Chair,” AIA Australia chief executive and managing director, Damien Mu, said.

“Peter has a wealth of experience and knowledge that we have benefited from and we look forward to the next phase of the journey.

“I also want to recognise and thank Ms Theresa Gattung for the outstanding role she played in helping steer AIA Australia over the past 12 years, which included a number of significant milestones for the business, including the launch of AIA Vitality.

“Ms Gattung’s business experience, leadership and commitment to AIA’s philosophy of doing the right thing in the right way has been a true asset, and no doubt will continue to make an ongoing and positive difference to the AIA New Zealand business.”

Neil Griffiths

Neil is the Deputy Editor of the wealth titles, including ifa and InvestorDaily.

Neil is also the host of the ifa show podcast.