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


Scoop 3.0: How You Can Help Scoop’s Evolution

We have big plans for 2018 as we look to expand our public interest journalism coverage, upgrade our publishing infrastructure and offer even more valuable business tools to commercial users of Scoop. More>>

Statistics: Butter At Record $5.67/Block; High Vegetable Prices

Rising dairy prices have pushed food prices up 2.7 percent in the year to October 2017, Stats NZ said today. This followed a 3.0 percent increase in the year to September 2017. More>>


Science: New Research Finds Herbicides Cause Antibiotic Resistance

New University of Canterbury research confirms that the active ingredients of the commonly used herbicides, RoundUp, Kamba and 2,4-D (glyphosate, dicamba and 2,4-D, respectively), each alone cause antibiotic resistance at concentrations well below label application rates. More>>


CO2 And Water: Fonterra's Environment Plans

Federated Farmers support Fonterra’s bold push to get to zero emissions of CO2 on the manufacturing side of the Co-operative, both in New Zealand and across its global network. More>>


Fisheries: Decision To Delay Monitoring ‘Fatally Flawed’

Conservation group representatives say a decision by the new Minister of Fisheries, Stuart Nash, to delay implementation of camera monitoring of fishing efforts in New Zealand is ‘fatally flawed’. More>>


Kaikōura Quakes: One Year On

State Highway One and the railway were blocked by damage and slips and the Inland Road suffered significant damage. Farms, homes and businesses suffered building and land damage. Power and internet went down, drinking water systems, sewage systems and local roads were all badly affected... More>>


  • Bill Bennett on Tech