TAL, one of Australia's top life insurance providers in 2022, has appointed highly respected financial services industry leader Mark Joiner as its new independent chair.
Joiner has over 30 years of corporate and financial services experience. He is the chair of QBE Insurance Group's Australian and New Zealand subsidiaries, the independent chair of digital property exchange platform PEXA, and an independent non-executive director of Latitude Financial Services. He also held senior executive roles in Australia, the UK, and the US at National Australia Bank, Citigroup, and the Boston Consulting Group.
In May 2022, the TAL board appointed Joiner as an independent non-executive director. He also serves on the Audit Committee; the Risk Committee; and the Remuneration, Nominations, & People Committee.
Commenting on his new role on the TAL board, Joiner said: “I am delighted to be given the opportunity to contribute to the next phase of development for TAL. I have been impressed by the transformation that has taken place over the last decade to establish TAL as the leading life insurer in Australia and look forward to working with the team to maintain that momentum for the benefit of all our stakeholders.”
TAL announced the appointment after former chair Duncan Boyle decided to retire after eight years of leading the insurer's board.
In a statement, TAL thanked Boyle's contributions over the years, including overseeing its most significant growth period in its 150-year history, such as the acquisitions of the Australian life insurance business of Suncorp and Westpac, and guiding the company when facing substantial regulatory and industry changes.
“Under CEO and managing director Brett Clark's leadership, TAL has achieved much in the past few years, and the company is in a strong financial and operational position,” Boyle said. “There is still more to do, and TAL is well placed to continue to prosper in the future. I am delighted at Mr Joiner's appointment and the extensive financial services leadership experience he brings to the role, and I wish him and the team all the best for the next phase of TAL's development.”
