Sharyn Reichstein will officially step into the CRO role in July.
Sharyn Reichstein.
Tower is pleased to announce the appointment of Sharyn Reichstein as chief risk officer.
Reichstein has an extensive track-record in supervision of the financial sector, spanning banking, insurance, and superannuation. She joins Tower from Australian Prudential Regulation Authority (APRA), where she is currently general manager of general insurance, responsible for the regulation and supervision of the general insurance industry in Australia. She also serves as the chair of APRA’s General Insurance Industry Group, scanning the risk environment and setting strategic responses to industry issues.
Tower chief executive Blair Turnbull said Tower was delighted to welcome an executive of Reichstein’s calibre: “Sharyn brings a wealth of knowledge in corporate governance, financial regulation, financial risk, and risk management.
“Sharyn’s expertise will further accelerate our ambition of creating more simple, fair, and transparent services to suit the modern needs and lifestyles of our customers,” he said.
Reichstein said: “I have long admired Tower as progressive insurer ... I look forward to building positive relationships with Tower’s teams, regulators, and other stakeholders.”
Reichstein will officially step into the chief risk officer role in July.
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