Tower CEO to depart late 2020

Tue, 10 Dec 2019

Tower chief executive Richard Harding plans to step down towards the end of 2020 as the insurer beds down its new digital sales platform. Harding, who joined the firm in August 2015, has opted not to extend his contract beyond its current term and intends to return to Australia, Tower said. He joined Tower having been chief executive of Territory Insurance and had previously held senior roles with Insurance Australia Group. Tower has invested heavily in new IT systems in recent years to become a “digital” insurer, reducing cost and making...

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