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Insurer Tower appoints Richard Harding as CEO

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New Zealand-based insurer Tower Ltd. has appointed Richard Harding as CEO, reported Stuff.co.nz.

Previously, Mr. Harding was the head of Australia's last state-owned insurer Territory Insurance Office.

Mr. Harding replaces David Hancock as the CEO of Tower.

"Richard's proven experience in driving transformational change, alongside his commitment to creating and realizing shareholder value, will support Tower as its continues on this pathway," said Michael Stiassny, chairman of Tower.

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