Nadine Tereora (pictured), who resigned as Fidelity Life’s CEO in May, has been appointed Chief Operating Officer at Partners Life. Tereora will start her new role early next year. (see our story: Fidelity Life CEO Resigns).
In a press statement, Partner’s Life founder and MD Naomi Ballantyne says Tereora will support her as she focuses on the company’s strategy, reputation, and shareholder engagement “while continuing to help shape the future of the industry”.
Ballantyne says: “Once we landed on the requirements and responsibilities of the role, it became clear that we would require someone with a unique mix of skills, experience and mana to allow me to trust that these enormously important components of our business would be in the right hands.
I believe we will make a formidable team…
“Nadine is that person – and as we are two of the most successful chief executives in our industry – I believe we will make a formidable team.”
In addition to her role at Fidelity Life, which she led for nearly four years as it grew to become one of Partners Life’s strongest competitors, Tereora has held executive roles at Suncorp/Asteron Life and AIA.
She has nearly 25 years’ experience in the life insurance industry and in addition to her sector, and people leadership experience, she has expertise in leading culture, conduct, claims, underwriting, and operations functions.
Tereora says: “I wanted to join an organisation that demonstrated its strong commitment to the life insurance industry and was serious about doing the right thing by its customers, advisers and staff.
I wanted to join an organisation that demonstrated its strong commitment to the life insurance industry…
“This role provides a unique opportunity to join forces with an equally passionate industry advocate in Naomi.
“I have huge respect for Partners Life’s ongoing achievements in growth, innovation and brand.”