1 July 2016
Company Announcements Office ASX Limited
20 Bridge Street
SYDNEY NSW 2000
Appointment of Chairman to nib New Zealand Limitednib holdings limited Head Office
22 Honeysuckle Drive
Newcastle NSW 2300
abn 51 125 633 856
t 13 14 63 f 02 4925 1999e nib@nib.com.au
w nib.com.aunib holdings limited (ASX: NHF) has announced the appointment of former New Zealand Minister of Health, Tony Ryall, as Chairman of its New Zealand operations (nib New Zealand Limited) following Alan Clarke's decision to step down from the position.
Attached media release for further information.
Yours Sincerely
Michelle McPherson Chief Financial Officer & Company Secretary
1 July 2016
Tony Ryall appointed Chairman of nib New Zealand
nib New Zealand (NZ) has announced the appointment of former New Zealand Minister of Health, Tony Ryall, as Chairman of its Board, following Alan Clarke's decision to step down from the position.Mr Clarke is handing over the Chairmanship due to work commitments in his current role as Managing Director and CEO of Hellaby Holdings Ltd. At the request of the nib Group Board, Mr Clarke will remain as an Independent Director of the nib NZ limited Board.
Mr Ryall takes on the position of Chairman of nib NZ limited after serving as an Independent Director since February 2015. He brings a wealth of health industry experience, having served as the Minister of Health from 2008 until his retirement in 2014.
"While nib is relatively new to New Zealand it is bringing new energy and innovation to the health insurance market. I'm excited about the opportunities ahead with nib establishing itself as the country's fastest growing health insurer," Mr Ryall said.
Mr Clarke was appointed as Chairman in March 2013 and played an integral role in establishing the private health insurer's strong presence in the New Zealand market. nib entered the New Zealand health insurance market in November 2012 with the acquisition of TOWER Medical Insurance Limited and now has almost 16% share of the New Zealand health insurance market.
nib New Zealand is a subsidiary of the ASX-listed Australian health insurer, nib holdings limited (ASX:NHF)
Media and Investor Relations
Matthew NeatHead of Corporate Affairs & Investor Relations
Tel: +61 (0)2 4914 1777 or 0411 700 006 (+61 411 700 006)
Email: m.neat@nib.com.au
NIB Holdings Limited published this content on 01 July 2016 and is solely responsible for the information contained herein.
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