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Ace shuffles its executive pack

Ace Insurance has appointed Paul Martin as NZ CEO & Country Manager. He replaces Richard Parkinson, who has departed the company.

Mr Martin will take up the Auckland-based role in July, having previously served as Ace Southern Region Property Underwriting Manager based in Melbourne.

The move comes amid an executive reshuffle at Ace, with the company last month announcing Singapore-based Asia-Pacific Executive VP and COO Damien Sullivan will return to Australia for family reasons.

Mr Sullivan will take his old role as CEO Australia & New Zealand after four years abroad, swapping jobs with incumbent Steve Crouch, who will take over the Asia-Pacific role in July.