Australia’s leading life insurer, TAL, has announced the appointment of highly respected financial services industry leader Mark Joiner as independent Chair, following Duncan Boyle’s decision to retire after eight years leading the board.
Mr Joiner has more than 30 years of corporate and financial services experience and is the Chair of QBE Insurance Group’s Australian and New Zealand subsidiaries. He is also independent Chair of digital property exchange platform PEXA and an independent non-executive director of Latitude Financial Services. He has held senior executive roles in Australia, the UK and the US at National Australia Bank, Citigroup and the Boston Consulting Group.
Mr Joiner said: “I am delighted to be given the opportunity to contribute to the next phase of development for TAL. I have been impressed by the transformation that has taken place over the last decade to establish TAL as the leading life insurer in Australia and look forward to working with the team to maintain that momentum for the benefit of all our stakeholders.”
Mr Boyle oversaw the most significant period of growth at TAL in its 150-year history, including the acquisitions of the Australian life insurance businesses of both Suncorp and Westpac, as well as guiding the company through a period of substantial regulatory and industry change.
Mr Boyle said: “Under CEO & Managing Director Brett Clark’s leadership TAL has achieved much in the past few years and the company is in a strong financial and operational position. There is still more to do and TAL is well placed to continue to prosper in the future. I am delighted at Mr Joiner’s appointment and the extensive financial services leadership experience he brings to the role and I wish him and the team all the best for the next phase of TAL’s development.”