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

 

Acting Chief Executive of ACC appointed

4 December 2012

Acting Chief Executive of ACC appointed

Mr David May will assume the role of Acting Chief Executive of ACC following the departure of the current Chief Executive, Ralph Stewart, on 14 December.

Mr May is the past Chairman of the NZ Superannuation Scheme and a past Director of Southern Cross and the Government Superannuation Fund. An actuary by profession, he was Managing Director of Colonial Mutual in New Zealand between 1995 and 2000.

In announcing the appointment of Mr May today, the Chairperson of ACC, Paula Rebstock, said while the recruitment process for a Chief Executive was well underway it would likely be several months yet before an appointment was made and the successful appointee would be in place.

"David May is a very experienced executive and director who will provide the leadership required to maintain the progress of ACC as it continues to deal with the outcome of issues that emerged this year in relation to privacy," said Ms Rebstock.

The Chairperson also paid tribute to the service of Ralph Stewart.

"Ralph Stewart brought a wealth of skills and experience to the role. He was exceptionally well regarded by staff and has put in place a number of strategic initiatives that will serve the organisation well in the future.

"Under Mr Stewart’s guidance the Corporation has accepted the challenges it faces and it has taken action on changes required to ensure client information is treated with utmost respect. Progress is being made on putting in place new systems and processes to prevent issues of the magnitude experienced this year," said Ms Rebstock.

-ENDS-

© Scoop Media

 
 
 
 
 
Business Headlines | Sci-Tech Headlines

 

Reserve Bank: Official Cash Rate Unchanged At 1.75 Percent

Global economic growth has increased and become more broad-based. However, major challenges remain with on-going surplus capacity and extensive political uncertainty... More>>

Kaikōura Earthquake: Private Insurers Receive $1.8b Claims

Insurance Council Chief Executive Tim Grafton said most is for commercial loss at $1.36 billion, with residential claims amounting to over $460 million. “...We have a high level of confidence that most people will have received settlement offers by the end of this year." More>>

ALSO:

Forms And Data: New Proposals To Simplify Personal Income Tax

The Government is proposing to make tax simpler for individuals, with people whose only income is from a salary, wages or investments no longer being required to file tax returns to receive tax refunds or to calculate any additional tax. More>>