MLC Life Insurance coverage has appointed two new basic managers, who each be part of the corporate’s finance crew.
Lesley Mamelok (pictured above) has been named basic supervisor, finance & deputy CFO. In her new function, she’s going to oversee the monetary administration and management of MLC Insurance coverage, together with the areas of expense administration, funding management, tax, monetary accounting, and reporting.
Mamelok is an skilled monetary companies govt, having labored within the sector each in Australia and the UK. She was most lately the chief monetary officer for Integrity Life, and in addition served as the corporate’s performing chief govt officer for the previous 12 months. Previous to this, she held quite a lot of positions with AMP for greater than 14 years, together with as CFO of AMP Financial institution. Mamelok is at present serving as a non-executive committee member of AMP Capital.
Robert Baillie (pictured instantly above) has been tapped to function basic supervisor, capital administration & company finance. He will likely be liable for the general capital administration of MLC Insurance coverage, which incorporates issues of treasury, company finance, enterprise planning, and reinsurance technique.
Baillie is a professional actuary with greater than 30 years of life insurance coverage business expertise in Australia and abroad – primarily with world insurance coverage teams. He additionally has expertise in capital administration and asset legal responsibility administration. He joins MLC from TAL, the place he served as head of actuarial (capital & ALM) since 2015.
Each Mamelok and Baillie will report back to MLC Life Insurance coverage CFO Kent Griffin.
“I’m delighted to welcome Lesley and Robert to our crew. They’re proficient people and have a wealth of expertise within the life insurance coverage business, which will likely be invaluable in supporting our strategic course,” mentioned Griffin. “Our sector is present process important change. We’re bringing in the best experience to assist us navigate these challenges and proceed to ship on the guarantees we make to our clients and enterprise companions.”
please Subscribe for further updates