Executive changes at Genworth Australia
Genworth Australia has made a number of additions to its Australian board as it prepares for its minority initial public offering.
The company has announced the appointment of Ian MacDonald as a non-executive director and remuneration committee chairman.
MacDonald spent 34 years at National Australia Bank in a number of senior roles including group chief information officer. He currently sits on the boards of Araba Bank Australia, Elders Limited, Rural Bank and Tasmanian Public Finance Corporation.
Genworth has also announced that Gayle Tollifson has stepped down from her role as Genworth chair and has been appointed the audit and risk committee chair.
She has over 30 years' experience in the global finance and insurance markets and currently sits on the boards of Munich Reinsurance Australasia, RAC Insurance and Campus Living Funds Management, Genworth stated.
In addition, current Genworth non-executive Tony Gill has been appointed chairman of Genworth's capital and investment committee. The banking and securitisation professional currently holds board positions at First American Title Insurance of Australia, Australian Finance Group and Virgin Money Australia.
Recommended for you
Lonsec Research and Ratings has appointed a head of sales, completing the leadership team to boost its reach with financial advisers.
Allianz Retire+ has announced major leadership changes with the appointment of a new CEO and distribution heads to help expand its presence across the wealth channel.
The RBA assistant governor (business services) is set to speak at the Women in Finance Summit 2025, taking place this November.
Momentum Media’s wealth publishing network is pleased to announce the launch of the annual Australian Wealth Management Summit 2025.
