Sovereign looking for new head of distribution

The long-serving head of distribution at Sovereign is stepping down from the position to take up a new role within the company.

Friday, September 4th 2015, 1:32PM

Sovereign has announced that David Haak stepping down as Chief Distribution Officer.

Haak has more than 35 years as a leader in the insurance industry, 19 of which as an executive at Sovereign Assurance. He will be stepping down from his current role at the end of October.

Haak will continue in an advisory capacity to Sovereign chief executive Symon Brewis-Weston for the next two years and is currently planning some exciting new opportunities with Sovereign in the life insurance market.

“Having started in the life insurance industry in 1975 in his hometown of Hamilton, David has risen up through the ranks of the life insurance industry and has been at the forefront of its evolution in New Zealand.There are very few individuals that have earned the level of respect in any industry that David has over the past 35 years. The impact he has had across the business is undeniable and it has been a pleasure to work with someone of his expertise and experience. I look forward to continuing our great relationship in coming years,” Brewis-Weston says.

Sovereign is currently in the process of recruiting a replacement to run distribution.

Tags: Sovereign