MLC Life Insurance appoints new non-executive director

As part of a planned board renewal, MLC Life Insurance (MLCL) has appointed Catherine Dubé as an independent non-executive director and as chair of the Board Audit Committee.

She would begin her role as director from 16 December, 2022.

Dubé had over 25 years of experience in financial services including time spent as chief risk officer at AIG from 2012 to 2019 and was a qualified actuary.

She currently served as a non-executive director of Guild Group Holding, Challenger Retirement and Investment Services, and of AssetInsure. 

She was also a member of the ACT Public Trustee and Guardian Investment Board.

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“Catherine is an experienced non-executive director, with a proven record in delivering sustainable business growth, managing risk and regulatory complexity and motivating organisations to deliver in a competitive landscape,” said Peter Grey, MLCL chairman. 

“Her understanding of the issues impacting our sector will be important as we execute the next phase of MLCL’s business strategy.”

Speaking about her appointment, Dubé said: “I’m very much looking forward to joining MLCL and making a genuine contribution to the Board and the organisation as MLCL seeks to achieve its ambition of becoming Australia’s leading and most trusted life insurer.”

In addition to her appointment as a non-executive director, she replaced Sandra Birkensleigh as chair of the board audit committee. Birkensleigh served on the board for 10 years and played an instrumental role in the acquisition of MLCL by Nippon Life.