Naomi Ballantyne appointed independent director at Tower

Tower has announced the appointment of Naomi Ballantyne as an independent director, effective from May 21, 2025.

Ballantyne's appointment comes as a fill for a casual vacancy on the Tower board.

With extensive experience in the financial services sector, particularly in the New Zealand insurance industry, Ballantyne is the founder of Partners Life, an insurance company she sold in 2023.

In addition to her role at Tower, she is currently the managing director of KNK Consulting, chair of TAP Group, and a director of Dai-ichi Life Asia Pacific.

Tower's board has also determined that director Marcus Nagel is now an independent director, following the sell-down of Bain Capital's shares in the company.