AIA Australia, one of the largest life insurers in Australia*, has announced changes to the executive team with the creation of the new roles of Chief Health Insurance Officer and Chief Strategy Officer as well as the appointment of a new Chief Financial Officer.
The appointments further support AIA’s ambition to champion the cause to make Australia and New Zealand the healthiest and most protected nations in the world.
Harry Efthimiou has been appointed Chief Health Insurance Officer. He has been with AIA Australia since 2010 in the roles of Chief Financial Officer and Chief Finance & Strategy Officer. Prior to joining AIA, Harry spent eight years with Aviva in a range of roles, including Head of Mergers & Acquisitions for Aviva PLC in the United Kingdom (UK) and Head of Aviva Finance Integration following the takeover of Aviva by MLC/NAB Wealth.
Tim Tez takes up the newly created role of Chief Strategy Officer for Australia and New Zealand, with responsibility for Strategy, Corporate Affairs and Government Relations. He was previously a key part of the AIA Australia team from 2009-2014, as Chief Marketing Officer. Prior to AIA, Tim has worked in executive positions for MetLife, AXA and TAL.
Michael Chernov has been appointed Chief Financial Officer for Australia and New Zealand and is a qualified actuary with over 18 years’ experience in the life insurance industry across Australia and the UK. He joined AIA Australia in 2009 and has held senior roles in the Actuarial, Finance and Strategy teams. Prior to joining AIA Australia, Michael gained experience in both consulting and reinsurance with roles at Munich Re (UK), Deloitte (UK and Australia) and Trowbridge Consulting (Australia).
These new positions have been specifically set up to provide strong support for AIA’s business opportunities in the life and health insurance sectors across Australia and New Zealand.
Damien Mu, CEO of AIA Australia and New Zealand, said “I am delighted to have Tim, Harry and Michael in their new roles. These members of our executive team are an excellent example of how we in AIA continually support our employees to grow professionally and personally with us. Tim, Harry and Michael are all well known to the AIA family, and each of them has played an instrumental role in delivering the significant growth we have achieved over the last few years. I know that they will use their deep industry knowledge and experience to capitalise on positive momentum from the recent past and take AIA’s business in Australia and New Zealand to the next level.”
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