AIA creates new executive roles



Major insurer, AIA Australia has announced key executive changes, including the creation of new roles.
The company announced this week it had created the new roles of chief health insurance officer and chief strategy officer as well as the appointment of a new chief financial officer.
It said Harry Efthimiou has been appointed chief health insurance officer, while Tim Tez would be taking up the newly-created role of chief strategy officer for Australia and New Zealand.
The company said Michael Chernov had been appointed as chief financial officer for Australia and New Zealand.
Efthimiou has been with AIA Australia since 2010 in the roles of chief financial officer and chief finance and strategy officer prior to which he spent eight years with Aviva.
Tez recently rejoined AIA Australia after leaving the firm in 2014 and spending a period working for MefLife and TAL. Chernov joined AIA in 2009 and has held senior roles in the actuarial, finance and strategy teams.
Commenting on the changes, AIA Australia and New Zealand chief executive, Damien Mu said the new position had been specifically established to provide support for AIA’s business opportunities in the life and health insurance sectors across Australia and New Zealand.
Recommended for you
Momentum Media’s wealth publishing network is pleased to announce the launch of the annual Australian Wealth Management Summit 2025.
Trustee and fund administration platform MSC Group has promoted Shelley Brown as its chief operations officer, having successfully completed the integration of the Certane Corporate Trust business.
Australian Unity’s group managing director and chief executive has announced his plans to retire at the end of the year after two decades leading the company.
TAL has appointed a senior manager for investment strategy and portfolio management who joins from a lead role at AIA.