IAG appoints new board director to implement new strategies

Insurance Australia Group (IAG) has appointed George Savvides as an independent non-executive director to its board.

IAG chairman Elizabeth Bryan said Savvides’ appointment will enhance the company’s pursuit of its strategic priorities of customer satisfaction, business simplification and agility.

Savvides has previously served as chief executive officer of Medibank from 2002-2016, and Sigma Company (now Sigma Healthcare) from 1996-2001.

“George has considerable knowledge of the insurance industry and experience in bringing about deep cultural changes in organisations undergoing transition,” said Bryan.