Long-term risk product provider, Altrisk, has announced that its Managing Director, Craig Harding, will be taking on a non-executive role in the company to allow him time to pursue personal and other investment interests and business ventures. This change will take place during 2012.
Altrisk was established in 1999 by Dalene Allen and Nick Stern, with the backing of the Hollard Group and Hannover Life Re. Harding joined Altrisk in 2006 as managing director. He will remain on the Altrisk board and retain a shareholding in Altrisk, supporting the executive committee and future incumbent CEO in a non-executive role.
“I have decided to reduce my operational involvement in Altrisk to pursue my own personal and business interests. I remain passionate about the Altrisk brand, its clients, staff and partners, and have committed to staying on board in an advisory capacity. In the coming months I will lead the process to recruit a suitable replacement, and ensure a thorough hand-over process. My immediate task is to ensure a smooth transition that will preserve the culture and values that have successfully differentiated Altrisk,” says Harding. “The change is going to be a process, not an event,” he added.
On Harding’s departure, Altrisk co-founder Dalene Allen commented: “Craig’s departure from the MD’s seat is a loss for us, but we wish him everything of the very best in his personal endeavours. His passion and energy have shaped the business and he has been a driving force in Altrisk’s many successes.”
Co-founder Nick Stern adds, “We are delighted to have his continued support and expertise in an advisory capacity. In his five years with Altrisk, not only has Craig steered the business through a remarkable growth phase, he has also solidified our culture of professionalism and service delivery by appointing a world-class team. Having led Altrisk to the heights we currently enjoy, he leaves behind a company that is primed for further success. It’s been a wonderful journey and we wish him well.”