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.”

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Experienced non-executive director and former insurance executive Duncan Boyle and long-standing Dai-ichi Life group senior executive Norimitsu Kawahara yesterday formally became TAL Board directors.

Dai-ichi Life senior executive Tatsusaburo Yamamoto has stepped down as a director to take up a new role in Tokyo within the Dai-ichi Life group.

Mr Thomas said: “I welcome both Mr Boyle and Mr Kawahara to the board of Australia’s largest life insurance company, and would like to thank Mr Yamamoto for his valuable service since 2012.

“As TAL has continued to grow its business in Australia, the new appointments help us renew the skillset on the Board as TAL works hard to provide financial protection to even more Australians as the nation’s largest life insurer.”

Mr Boyle served as the CEO of the UK operations of Royal and Sun Alliance Insurance (RSA) from 2002 to 2006 following over 30 years’ experience in the insurance industry in Australia, New Zealand and the UK.

He has been an independent non‑executive director of QBE since 2006 and is a director of Clayton Utz lawyers and Stockland Trust Group.

Mr Kawahara has worked for over 28 years in the Dai-ichi Life group, one of the world’s largest life insurance and wealth management businesses with operations and interests on all continents.

He is currently responsible for Dai-ichi Life’s business in the Asia Pacific region as the Managing Director of Dai-ichi Life International (Asia Pacific), and has been Deputy CEO and CFO of the Star Union Dai-ichi Life Insurance Company in India before.

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