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ACC appoints new CEO

Monday 22 August 2011, 3:02PM

By ACC

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ACC has appointed Ralph Stewart as chief executive based in Wellington. He takes up his new role on 19 September.

Announcing the appointment, ACC Chairman John Judge says Ralph Stewart replaces Dr Jan White who announced in April she would be stepping down at the end of the year after six successful years leading ACC. Mr Judge says with the pending national election, the ACC Board agreed with Dr White to appoint a new chief executive earlier than first announced.

“Ralph has 27 years experience in insurance and asset management, was deputy chair of the Investment Savings and Insurance Association, a director of AMP New Zealand and for the last seven years was the CEO of AXA New Zealand," Mr Judge says.

“He holds a Masters degree in business administration from Manchester University and under graduate management qualifications from Victoria University in Wellington.”

Mr Judge acknowledged the excellent contribution Dr White had made to the organisation, particularly over the last two years which had seen ACC’s performance improve significantly, driven by improved rehabilitation of injured New Zealanders, lower claim rates and better investment returns.

He says Ralph Stewart has the experience and ability to continue ACC's success.

“ACC is committed to delivering world class work place insurance and accident rehabilitation services. With the team at ACC, Ralph will continue the successful work completed to date to build ACC into a stable enterprise all New Zealanders can depend on.”