MLC chief exec to retire

MLC Life Insurance has announced chief executive, Rodney Cook, will retire at the end of the year.

Cook had been chief executive and managing director since June 2020 and had helped the firm through the COVID-19 pandemic and the completion of its technology transformation programme.

Kent Griffin, chief finance officer (CFO), would replace Cook in late October but would stay in the business until the end of the year to ensure a smooth transition. Griffin had worked at MLC since February 2020 and was formerly CFO at TAL and a partner at Ernst & Young.

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MLC Ltd chairman, Peter Grey, said: “Since he joined us in early 2020, Kent has helped to strengthen our business and has overseen our return to profitability. He is a strong leader with a clear vision for the future of MLC Life Insurance as we face the challenges of a fast-changing life insurance sector and ever evolving customer needs.

“During his tenure, Rodney commenced an important change to our culture and mindset to one that is relentlessly focused on the needs of our customers. We are confident this good work will continue after his departure.”

Kent Griffin said: “I am honoured to have the opportunity to lead MLC Life insurance as we seek to achieve our ambition of becoming Australia’s leading and most trusted life insurer. With the continued backing of our shareholders Nippon Life and NAB, I am confident in the bright future for our company and its customers, partners and people”.




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