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TOWER chief actuary resigns

Wednesday 18th of August 2010

 TOWER chief actuary Herwig Raubal has resigned after deciding he does not wish to leave Wellington and move to Auckland in order to bring the leadership of all TOWER's key functions together in one place.

TOWER says it is very sorry to be losing Raubal after 13 years with the company, including the last seven years as chief actuary.

“He is a key member of the senior team, a source of common-sense and wisdom and a respected leader of his team.”

He will leave the company on December 31.

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@The Laird - No, not really. The headline of this article could equally have been: "Advisers embrace Westpac after upfront commissions increased to highest across the main banks."
4 hours ago Paul Flood
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2 days ago Goldcard