New Zealand insurer Fidelity Life is searching for a new CEO following the resignation of Nadine Tereora, who left last week after more than three years with the business.

Chief Distribution Officer Adrian Riminton and CFO Simon Pennington are joint acting CEOs until a permanent replacement is found, the insurer says in a statement.

“We have a strong team, we’re in a strong financial position and we’re well-placed moving forward,” Chairman Brian Blake said. “We remain firmly focused on a successful and sustainable future with our customers at the heart of everything we do.”