Sovereign appoints new CEO

by Maya Breen02 Mar 2016
Sovereign has appointed Nick Stanhope to the role of chief executive officer. 

Stanhope joins Sovereign with a robust background within the New Zealand financial services industry, most recently holding the position of executive general manager, wealth and insurance at ASB

Sovereign chairman, Gavin Walker, says the organisation is thrilled to have a candidate of Stanhope’s calibre join Sovereign as CEO, especially with such extensive experience in the New Zealand market.  

“Nick’s strength of relationships combined with his significant contribution to the Sovereign business while working at ASB, most notably the development of the highly successful Bancassurance channel, made him an outstanding choice for the role," says Walker. 

“He is a proven strategic and results driven leader who will be a huge asset to the organisation. He is delighted to be joining the Sovereign fold to get underway with the exciting opportunities the role will offer.”

With a career spanning 27 years, Stanhope has held a range of roles across ASB’s Corporate Banking, Wealth & Insurance and Business Banking divisions.

Stanhope commences his role as Sovereign CEO on 11 April 2016.* 
* Subject to confirmation by the Reserve Bank of New Zealand.


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