ACE Group announced the promotion of Gary Jack, chief operating officer, South Africa, to the role of country president as it continues to grow its business in Africa.
In his new role, Jack will be responsible for managing the performance, strategy and development of all ACE’s property and casualty and consumer lines business in South Africa. He will remain based in ACE’s Sandton office and will report to Giles Ward, regional president, Eurasia and Africa.
Jack succeeds John Nienaber, who has decided to pursue opportunities outside the company. The appointment is effective immediately.
Jack has 15 years of insurance industry experience, including seven at ACE. Since 2012, as chief operating officer, Jack has been responsible for managing the underwriting performance of both the property and casualty and accident and health businesses, as well as for operations, sales and distribution and business development. He joined ACE in South Africa in 2008 as head of accident and health. Previously, he worked at AIG South Africa as regional underwriting manager, Africa. Jack began his career at one of South Africa’s leading insurance brokers, Alexander Forbes Financial Services.
“Over the past three years, Gary has been very closely involved in the development of the expanded product capability and clear strategy that we now have in place in South Africa. Thanks to this, and Gary’s strong management track record during the last seven years, our business is very well placed for the future and he has my fullest confidence as he leads us through our next phase of growth,” said Giles Ward, regional president, Eurasia and Africa at ACE.
“After three years of valued service as country president, I am very sorry that we are losing John. His leadership has been pivotal to the recent success and growth of our business thanks to his excellent underwriting background and his strong market relationships. He leaves with our sincere appreciation and our best wishes for the future,” Ward added.
Source: ACE Group
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