Lockton New Zealand has announced Craig Buckle as its new Chief Executive Officer, succeeding Peter Lowe who will retire at the end of this year.
Buckle, who has served as the Head of Corporate Risk since 2021, will take on the role effective January 1, 2024. In a statement, Lockton said the move was an integral part of their succession planning in New Zealand.
Buckle boasts over 30 years of experience in corporate risk insurance management. Prior to his tenure at Lockton New Zealand, he held key leadership roles at Marsh, Allianz, and Willis Towers Watson.
Paul Marsden, CEO at Lockton Pacific, commented: “We are thrilled to welcome Craig to this crucial role. Craig’s visionary leadership and unwavering dedication to our company’s growth ambitions will propel us to even greater heights and strengthen our client service offering across the Pacific region.”
On his new role, Buckle said: “I am thankful to Peter and the Lockton leadership team for their support and confidence in me. I look forward to partnering with our colleagues to write our next chapter.”
“We are well-prepared to continue our growth trajectory, delivering exceptional value to our customers and stakeholders,” he added.
Lowe, the outgoing CEO, has been with Lockton since 2021 and held the position of CEO at Willis Towers Watson New Zealand prior.
Marsden expressed gratitude for Lowe’s contribution to the business, stating: “We are extremely grateful for his contribution to establishing and instilling the Lockton culture in New Zealand. He has successfully launched our business in the country, setting up three offices, and assembling a team of 30 highly skilled professionals, while earning the trust of many of New Zealand’s leading businesses.”
