The Insurance Australia Group has appointed Nick Hawkins as chief executive and managing director to replace Peter Harmer who spent five years in the job | CharlotteGriev1
The Insurance Australia Group has appointed Nick Hawkins as chief executive and managing director to replace Peter Harmer who spent five years in the job.60 per cent fall in profit last month and ruled out paying shareholders a dividend for the first time in its 20 year history
Mr Hawkins has been serving as deputy CEO since Mr Harmer announced his retirement plans in April and will officially take the reins on November 1.Credit:“Nick has a deep understanding of both global and domestic general insurance along with operational and financial experience, and this will ensure a smooth transition for IAG," she said in a statement to the ASX.
Prior to IAG, Mr Hawkins was a partner at accounting firm KPMG specialising in financial services, working from the company's Perth, London and Sydney offices.“Our purpose – to make your world a safer place – has never been more important than now as we continue to help our customers and communities recover from the devastating natural disasters of late 2019 and 2020, and the ongoing challenges resulting from climate change and the pandemic," he said.
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