Former stock exchange boss Tim Bennett is to join the Board of insurance firm Partners Life.
Partners Life is pleased to announce the appointment of Tim Bennett as a Non-Executive, Independent Director to the Boards of Partners Group Holdings Limited and Partners Life Limited with effect from 18 December 2017. Tim will be replacing Sam Knowles who has decided to step down following 5.5 years, the majority of which was as Chairman.
Tim Bennett has had a lengthy consulting and strategic advisor career straddling capital, commodity and financial markets in his role as Partner at both Boston Consulting Group and Oliver Wyman before taking on the challenging role of CEO of the NZX from 2012 until 2016.
"Sam Knowles has made a great contribution especially as Chair of Partners Life leaving the company in a strong state and we really appreciate his contribution. Tim Bennett's unique skills and experiences across many industries and markets will be invaluable as we drive Partners Life onwards on its journey to become the most valuable and valued Life and Health Insurer in the New Zealand market" – Jim Minto, Chairman
"Tim's incredible understanding of, and experience across, both business strategy and leadership is extremely welcomed by the Partners Life Management Team who are excited to have access to someone of Tim's calibre and reputation as we continue on our journey of market leadership" – Naomi Ballantyne
"I am excited by the opportunity to contribute to the next chapter in the story of Partners Life's success. The opportunity to add my passion for strategy and leadership to the business through my role on the Board, coupled with the chance to be part of a highly capable Board of Directors under the Chairmanship led by Jim Minto, and to work with a truly outstanding Management Team under the leadership of Naomi Ballantyne, is something I will truly look forward to." – Tim Bennett