Lara Bourguignon appointed Chair of MLC Community Foundation


The MLC Community Foundation has appointed Lara Bourguignon as its new Chair taking effect from 1 April 2014.

Established in 2008 as part of MLC, the wealth management arm of NAB, the Foundation provides tangible support to Australian communities by investing in key areas of need and employee interest and, in particular, improving the mental health of Australians.

Ms Bourguignon who is General Manager of MLC Group Insurance and Managing Director of Plum, joined MLC in 1999. During this time she has held a number of key strategic and finance roles within MLC and the broader NAB group.

NAB Wealth Group Executive Andrew Hagger welcomed the appointment stating Ms Bourguignon brings a unique set of skills to the role.

“In her role as General Manager of MLC Group Insurance, Lara’s first-hand exposure to the effects of mental illness on Australian workers made her a natural choice for the Foundation.”

“With her strong leadership skills and personal passion for social impact, I am confident Lara will further the MLC Community Foundation’s strategic priorities,” he said.

Ms Bourguignon said: “Mental health is a serious and growing issue facing society and the economy. In our business, more than one third of new income protection claims are related to mental illness, with the most common conditions being depression and anxiety.”

“It’s a really great feeling to be part of something that is already having such a significant impact on society – with measurable outcomes,” Ms Bourguignon said.

In the past five years the Foundation has invested $6.1 million in grants and programs, including more than $2.6 million to Lifeline Australia, specifically its Online Crisis Support Chat Service which has generated a social return on investment of $8.40 for every $1 invested.

Ms Bourguignon has a Bachelor of Business in Accounting and Finance, a Company Directorship Diploma and is a Certified Practicing Accountant. She is a director on the Boards of Plum Financial Services Pty Ltd, National Nominees Limited and AUSMAQ Pty Ltd.

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