Last update: 16-Apr-2014 2:09 pm
Wednesday, April 16, 2014
Trinidad & Tobago Guardian Online
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Tewari promoted to GHL CEO
Ravi Tewari has been promoted to the position of group chief executive officer Guardian Holdings Ltd (GHL). His appointment takes effect on January 1, following the retirement of Jeffrey Mack on December 31.
Tewari, who has been with the group since 1999, has served in an executive capacity since 2000. He is currently the group president of the Life, Health and Pensions business segment responsible for those business lines across GHL’s areas of operations. He is also president of the T&T based Guardian Life of the Caribbean Ltd. An island scholarship winner and a Fellow of the Institute of Actuaries, Tewari earned his Bachelor of Science in Actuarial Science (First Class Honours) from Cass Business School, England.
Arthur Lok Jack, chairman of GHL, who announced the appointment, said: “Ravi brings to the position a combination of wide experience, a strong technical background and a proven record of successfully managing the group’s largest segment. The GHL Board and I are convinced that Ravi is ready to take on this new challenge. Ravi has all the right qualities to be a successful CEO and to lead the group’s future growth strategy.”
Lok Jackalso announced that Mack will remain on the GHL Board as a non-executive director until the next Annual General Meeting and until such time, will be available to assist in the leadership transition. “Jeff has been a great asset for the group. He brought with him a wealth of international experience and a proven ability to turn around companies. When Jeff joined us in 2009, the world was in deep financial crisis presenting insurance companies with formidable challenges,” Lok Jack said.
He led the group through the ensuing difficult period with great success. He skillfully managed the disposal of our operations in the UK and our asset management company in Jamaica, as well as the expansion of our Dutch and Jamaican insurance businesses. I am pleased that we will continue to benefit from Jeff’s experience on the Board as this will add greatly to a successful transition.”
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