Howden, the global insurance and reinsurance broking group, has appointed Chris Hughes as Chief Executive Officer (CEO) of New Zealand (NZ), effective November, after fulfilling his contractual obligations to his current employer.
Meanwhile, Nigel Wallace transitions to the role of Chair of the Howden broking business in New Zealand, as expansion continues in the Pacific region.
In his new role, Hughes will report to Matt Bacon, CEO, Howden Pacific. He is an industry veteran with over three decades of experience and a strong track record in strategic leadership and operational excellence.
Most recently, he served at IAG/NZI in several roles, including Executive Manager Complex & Specialist Risks, and Executive Manager Broker & Specialist Claims, and ran profit and loss, distribution and sales strategy, SME distribution and personal lines, as well as managing market relationships.
Previously, Hughes spent 17 years at Rothbury Insurance Brokers, rising to Executive General Manager, Broking Services and Business Operations.
Howden stated, “Chris’s practical experience gives him valuable insight into client needs and long-term relationships. His expertise in the New Zealand insurance industry, proven focus, and delivery through innovation and growth position him well to lead Howden as it continues to expand in the Pacific region.”
Following Hughes’ commencement, Wallace will transition into his new role. Whilst in the role of CEO, he joined Howden as part of the acquisition of Wallace McLean in 2022, and oversaw significant growth of Howden New Zealand.
Bacon commented, “We are beyond thrilled to have Chris join Howden, bringing with him superb skills and experience to impart to the business. We have taken our time to find the right person for this role, and we believe that Chris will provide the leadership Howden needs to continue its growth strategy in New Zealand and the Pacific region.
“This appointment also allows Nigel to step into the role of Chair, so that the business can continue to benefit from his valuable wisdom and guidance. I want to personally thank Nigel for his leadership and support since taking the CEO role which oversaw significant growth for Howden in New Zealand. These appointments will provide us with exceptional leadership, enhancing our client offering and reinforcing Howden’s commitment to the region.”
Hughes added, “I am very excited to be joining the Howden family and playing my part in helping grow the Howden business here in New Zealand and the wider Pacific region. I am especially looking forward to working with the very talented team that exists with the New Zealand business as well continuing to attract likeminded ‘people-first’ businesses, teams and individuals.”
