Paula ter Brake has been appointed as the Chief Executive Officer of Chubb Life New Zealand, effective 5 May, pending regulatory approvals, the global insurer announced in a statement on Monday. She succeeds Gail Costa, who has retired following a lengthy insurance career.
Ter Brake joins from IAG where she was Executive General Manager, Consumer Brands for New Zealand. She will bring to the role 30 years of experience across insurance and retail banking. Prior to IAG, she held leadership positions at Tower Insurance, First Citizen Asset Management, and GE Money.
Commenting on the appointment, Paul Brock, Board Chair at Chubb Life, said, “Paula’s proven track record in driving growth along with transforming large businesses will bring real value to our customers, partners, and our people.”
