Risk People Update

New Appointments

MLC Life Insurance welcomes GM, retail distribution

Michael Downey is moving into the role of general manager of retail distribution at MLC Life Insurance, replacing Russell Hannah. Downey has previously held the role in MLC’s advice business as general manager of advice partnerships, however moves directly into the role from TAL.

Challenger appoints CEO for life business

Angela Murphy is the new chief executive at Challenger, replacing Chris Porter who left at the end of 2020. Murphy moves into the top spot in the life insurance business from a role as chief executive of distribution, product and marketing, a role she’s been in since late 2018.

CFS welcomes head of insurance

Adrian Fortescue is now the head of insurance at Colonial First State’s insurance business, moving across from head of group insurance at Munich Re. Fortescue replaces Scott Moffitt, who moved to NEOS Life as general manager of new partnerships.

Munich Re promotes MD of Australasia

Scott Hawkins is the new managing director for Munich Re in Australasia as an internal promotion. Hawkins has been with the company since 2005 in leadership roles.

NEOS Life makes senior appointments

Kirshan Reddy is the new chief actuary, moving into the role from MLC Life Insurance. Kathryn Cussell is the new head of implementation, joining from UnderwriteMe as director of business operations for Australia for two years. Scott Moffitt is joining from Colonial First State. Phil Standford is the head of finance, and Alex Wagner is the new head of claims for NEOS PR1ORITY, the claims division.

Departures

HUB24 on the hunt for new director after retirement of founder

Ian Lister is retiring from HUB24 after joining the board in 2012, becoming HUB24’s longest-serving director. Lister will remain as a shareholder and co-developed and established the HUB24 investment and superannuation platform. HUB24 was established in 2007 by Ian Lister, Darren Pettiona and Suwandi Tan.