Video | Agriculture | Confidence | Economy | Energy | Employment | Finance | Media | Property | RBNZ | Science | SOEs | Tax | Technology | Telecoms | Tourism | Transport | Search


New CEO For AXA New Zealand

Media Release
18 March, 2002

New CEO For AXA New Zealand

AXA Asia Pacific Holdings (AXA APH) is pleased to announce that Vaughan Underwood, currently CEO of the Sterling Grace Group (Spicers, Arcus and Assure), has been appointed as CEO of AXA New Zealand.

According to AXA APH's Group Chief Executive Les Owen, "Vaughan's experience at Sterling Grace means he will be in good position to drive the growth of AXA's existing businesses as well as those of Sterling Grace. Sterling Grace brings to us the most successful financial advice business in New Zealand, supported by the rapidly growing ASSURE funds administration service and leading funds manager ARCUS.

“This combined with AXA's global brand, existing risk and wealth management businesses and access to the five-star investment products of Alliance Capital means AXA has a powerful presence in the New Zealand marketplace."

Vaughan will have responsibility for both the existing AXA business in New Zealand and those of the recently acquired Sterling Grace Group.

Vaughan, born and raised in Auckland, has an impressive sales, marketing and general management background. He joined Sterling Grace in 1998 in a management role, leading ultimately to his appointment as CEO for the Group. Prior to this he worked in a number of sales and marketing positions for Lion Breweries, including a role as Regional Director for Auckland.

Following on from the acquisition of the Sterling Grace Group, Vaughan's appointment is further evidence of AXA's commitment to New Zealand and of the strategic importance of the Sterling Grace Group to our growth in both New Zealand and Australia. AXA now has a 13 percent share of the advice market in New Zealand.


© Scoop Media

Business Headlines | Sci-Tech Headlines


Onetai Station: Overseas Investment Office Puts Ceol & Muir On Notice

The Overseas Investment Office (OIO) has issued a formal warning to Ceol & Muir and its owners, Argentinian brothers Rafael and Federico Grozovsky, for failing to provide complete and accurate information when they applied to buy Onetai Station in 2013. More>>


Tomorrow, The UN: Feds President Takes Reins At World Farming Body

Federated Farmers president Dr William Rolleston has been appointed acting president of the World Farmers’ Organisation (WFO) at a meeting in Geneva overnight. More>>


I Sing The Highway Electric: Charge Net NZ To Connect New Zealand

BMW is turning Middle Earth electric after today announcing a substantial contribution to the charging network Charge Net NZ. This landmark partnership will enable Kiwis to drive their electric vehicles (EVs) right across New Zealand through the installation of a fast charging highway stretching from Kaitaia to Invercargill. More>>


Watch This Space: Mahia Rocket Lab Launch Site Officially Opened

Economic Development Minster Steven Joyce today opened New Zealand’s first orbital launch site, Rocket Lab Launch Complex 1, on the Mahia Peninsula on the North Island’s east coast. More>>


Marketing Rocks!
Ig Nobel Award Winners Assess The Personality Of Rocks

A Massey University marketing lecturer has received the 2016 Ig Nobel Prize for economics for a research project that asked university students to describe the “brand personalities” of three rocks. More>>


Nurofen Promotion: Reckitt Benckiser To Plead Guilty To Misleading Ads

Reckitt Benckiser (New Zealand) intends to plead guilty to charges of misleading consumers over the way it promoted a range of Nurofen products, the Commerce Commission says. More>>


Get More From Scoop

Search Scoop  
Powered by Vodafone
NZ independent news