MLC Life Insurance (MLC Life) has welcomed the latest senior appointment of its parent company, Nippon Life Insurance Group (Nippon Life).
Nippon Life named insurance officer Hiroyuki Endo chief investment officer (CIO) and deputy chief financial officer (CFO). In his new role, Endo will join the MLC Life insurance leadership team and be responsible for key finance and related management functions.
Endo joined MLC Life from Nippon Life's Tokyo office, where he was most recently the general manager for the separate account investment department. He started his career with Nippon Life in 1995 and has since held several roles, including chief manager, cash management department, and deputy general manager of the investment risk management department. He is a chartered member of the Security Analysis Association of Japan and a Certified International Investment Analyst.
MLC Life chief executive officer (CEO) Kent Griffin welcomed Endo to the insurer's leadership team.
“I am delighted to welcome Hiroyuki Endo to MLC Life Insurance and to the insurance leadership team, and I know the broader business joins me in welcoming Endo-san,” Griffin said. “This is a sign of the critical, close working relationship between Nippon Life Insurance and MLC Life Insurance, and the commitment Nippon Life has to the success of our business. I look forward to working with Endo-san.”
Minoru Kimura, director and managing executive officer of Nippon Life, said: “MLC Life Insurance is core to Nippon Life Insurance's international growth strategy. We are delighted Endo-san will be able to bring his significant depth of experience to MLC Life Insurance, as part of our long-term partnership.”
Endo will replace Yosuke Nakano, who will leave MLC Life to take on the role of general manager, head of Indian business, global business planning department role at Nippon Life in Mumbai, India, where he will oversee the Indian business for Life Assurance and Asset Management.
Kimura said: “I'd like to thank Nakano-san for his dedicated service over many years and wish him the best in his new role in India.”
Last month, MLC Life made double senior appointments to boost its financial adviser support. It also appointed an industry veteran to lead its new business team.
