Rachael O’Brien has been acting in this role since July 2023.
Rachael O’Brien.
IAG New Zealand CEO Amanda Whiting has announced the appointment of Rachael O’Brien as chief risk officer (CRO).
O’Brien has been acting in this role since July 2023, following temporary changes made to the executive team structure in response to the Cyclone Gabrielle and North Island flooding events.
Prior to this appointment, O’Brien held the position of executive manager of risk governance.
O’Brien has more than 20 years’ experience as a risk professional in the financial services industry, in New Zealand and globally in the United Kingdom, Ireland and the US. She has worked across a range of risk-related disciplines including assurance, advisory and governance, with a focus on regulatory, compliance, operational, strategic and conduct risk.
As CRO, O’Brien has overall responsibility for providing second line risk guidance and support to the IAG New Zealand business, and an independent perspective on the management of risk to the IAG NZ board.
In other executive team news, Wayne Tippet who stepped out of his role to lead IAG’s response to Cyclone Gabrielle and the North Island floods will now be resuming his role of executive general manager of claims.
Previous CRO, Martin Hunter, who stepped in to cover Tippet’s EGM Claims role, will now take up a new role to help drive IAG’s transformation programme.
All positions will be effective July 1.
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