ACE Appoints Gary Jack Country President for South Africa
May 28 2015 - 8:14AM
Business Wire
ACE Group today 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, Gary 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. Gary succeeds John
Nienaber, who has decided to pursue opportunities outside the
company. The appointment is effective immediately.
Gary has fifteen years of insurance industry experience,
including seven at ACE. Since 2012, as Chief Operating Officer,
Gary 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. Gary began his career at
one of South Africa’s leading insurance brokers, Alexander Forbes
Financial Services.
Giles Ward, Regional President, Eurasia and Africa at ACE,
said:
“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.”
“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.”
Brian Seach, Chairman of the Board for ACE Insurance Limited in
South Africa, said:
“The board is delighted to welcome Gary to the role of Country
President for South Africa. Gary’s extensive insurance industry
experience, proven strategic management capabilities and strong
market relationships make him well suited for the role. We look
forward to working with him as we continue to grow the business in
South Africa. We would also like to thank John for his valuable
contribution over the past three years and wish him well in his
future endeavours.”
ENDS
About ACE:
ACE Group is one of the world’s largest multiline property and
casualty insurers. With operations in 54 countries, ACE provides
commercial and personal property and casualty insurance, personal
accident and supplemental health insurance, reinsurance and life
insurance to a diverse group of clients. ACE Limited, the parent
company of the ACE Group, is listed on the New York Stock Exchange
(NYSE: ACE) and is a component of the S&P 500 index.
Visit www.acegroup.com/eu
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version on businesswire.com: http://www.businesswire.com/news/home/20150528005757/en/
ACE GroupNicholas MandalasRegional Communications Manager,
EMEAT: +44 20 7173 7793E: nicholas.mandalas@acegroup.com
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