Sovereign appoints ASB executive Nick Stanhope as new boss

Sovereign appoints ASB executive Nick Stanhope as new boss
Sophie Boot
By Sophie Boot March 2 (BusinessDesk) - Sovereign Assurance, New Zealand's biggest life insurer, has appointed Nick Stanhope as chief executive. Stanhope comes to the role from Sovereign's parent ASB Bank, where he has worked as executive general manager of wealth and insurance since April 2014. ASB is the New Zealand unit of Commonwealth Bank of Australia. “Nick’s strength of relationships combined with his significant contribution to the Sovereign business while working at ASB, most notably the development of the highly successful Ba...