Nic Kohler, CEO of Hollard has today, announced his attention to stand down from his position during the course of this year.
According to a statement released by the insurer, Kohler will leave the company once he has stepped down, but will most likely take up a position in the larger Hollard shareholder group.
Although no firm date has been provided for the move, Kohler’s intention to step down is in accordance with his views around ideal CEO tenure. Kohler has served as CEO since July 2007.
According to Warwick Bloom, Hollard spokesperson, this early announcement of intent was done in order to facilitate the smoothest possible transition, and to ensure the process of appointing a successor can happen in the most transparent manner.
Kohler has more than 25 years of experience in the insurance industry and joined Hollard in 1997. During his tenure as CEO, he successfully steered the insurance giant into a position where it is today as one of the main go-to companies for brokers and consumers alike.
“I have thoroughly enjoyed leading this dynamic organisation and look forward to the beginning of a new chapter in Hollard’s history”, said Kohler.