TOWER Limited announced Richard Harding as its new Chief Executive Officer. His appointment is effective 17 August 2015. Mr. Harding's appointment follows an international search to replace current Chief Executive Officer David Hancock, who is concluding his two-year tenure.

Mr. Harding's previous role was as Chief Executive Officer of Territory Insurance Office. The company confirmed that David Hancock, who announced in June that his two-year contract would conclude by 30 September 2015, will work closely with Mr. Harding to ensure a seamless transition.