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Tower Limited ( (AU:TWR) ) just unveiled an announcement.
Tower Limited has appointed experienced finance executive Simon Hoole as interim chief financial officer, effective 1 May and subject to regulatory approvals, to ensure continuity while it continues recruiting for a permanent CFO. Hoole brings extensive experience across insurance, financial services and large-scale transformation, having previously held senior roles at Datacom, Villa Maria Estate, Resolution Life and AMP Group, while outgoing interim CFO Angus Shelton is recognised for steering Tower through a period of significant change and helping to position the business for future growth.
The leadership transition underscores Tower’s focus on maintaining financial stability and regulatory confidence during an ongoing executive search process. By installing a seasoned interim CFO with a track record in complex, regulated environments, the insurer aims to support its strategic progress and reassure stakeholders that its finance function will remain robust through the changeover period.
More about Tower Limited
Tower Limited is a New Zealand-incorporated insurer listed on both the NZX and ASX under the ticker TWR. The company operates within the insurance and broader financial services landscape, focusing on regulated financial activities that require strong governance, risk management and regulatory oversight.
For a thorough assessment of TWR stock, go to TipRanks’ Stock Analysis page.