TAL appoints new Group CEO
Media Release -
Australia’s largest life insurer TAL today announced the appointment of a new Group CEO from April 2015.
TAL Chairman Duncan Boyle said: “It is with great pleasure that we announce the appointment of Brett Clark as TAL Group CEO effective from 1 April 2015. This coincides with the planned retirement of current TAL Group CEO Jim Minto. Jim will remain with TAL until the year end process is completed in the first half of 2015.”
“The TAL Board has been planning for TAL Group CEO succession transition for a considerable period of time and we are pleased to announce the appointment of a very strong internal candidate in Brett following a comprehensive assessment process which included a worldwide benchmarking exercise using external consultants.”
“Brett has been a senior executive with TAL for six years and is currently CEO of the TAL Life business division. Brett has made a significant contribution to TAL and we believe he will be a very successful leader of the TAL Group.”
Since joining TAL, Brett has been a key member of a senior team that has seen the company treble in size and become the largest life insurer in Australia.
Brett's current role as CEO TAL Life includes accountability for the Retail Life and Investments adviser business, TAL’s Group insurance and wholesale business and also TAL’s customer facing advice businesses of Affinia and Lifebroker.
Brett Clark said: “I am excited to be given the opportunity to lead TAL. It is a privilege to be able to work with all the people at TAL. We believe sincerely in the work we do to help millions of Australians when they need us most. TAL insures 1 in every 4 working Australians. ”
Brett is an experienced financial services executive with 25 years’ experience across a broad range of functions including strategy, finance, sales and distribution, product and marketing and operations in both the Australian and international insurance markets.
Effective 1 October 2014, Brett is appointed Deputy Group CEO and will be working on our strategy and positioning TAL for the next phase of its evolution.
TAL (formerly TOWER Australia Ltd and rebranded to TAL in 2011) is part of the global Dai-ichi Life Group.
Further information:
Stuart Snell 02 9448 9879/0417 921 235 stuart.snell@tal.com.au
About TAL: The specialist voice of life insurance in Australia
TAL is Australia’s largest life insurance company with leading competitive offerings in each of its core distribution channels: direct to customers; through financial advisers; and via group and workplace superannuation schemes. With in-force premiums of $2.2 billion, TAL provides more life insurance solutions to Australians than any other insurer. TAL is owned by The Dai-ichi Life Insurance Company, Limited, one of Japan’s largest life insurers.