Macquarie head of wealth jumps ship to TAL
TAL has appointed the former Macquarie Bank head of wealth products and platforms to the newly created role of chief operating officer.
Justin Delaney will take up the role, as TAL bears down on a changing business and regulatory environment.
Along with Mr Delaney, former AMP executive Anne Clarke has been appointed to the role of chief general counsel.
TAL Group CEO Brett Clark said the appointments to the TAL executive leadership team are important to the successful execution of the group's business strategy.
"We face a rapidly changing business and regulatory environment and it is the right time to create these roles," he said.
"Justin and Anne are the right people to join the TAL Executive Team. We undertook an extensive recruitment process and I am delighted at the high calibre of these two very well-respected and talented individuals joining the TAL team."
Mr Delaney will be responsible for all of TAL's core life insurance commercial outcomes, product manufacturing, customer and partner services.
"Justin is a very experienced senior wealth management and life insurance executive, with strong experience in operations, strategy, value creation and building organisations to deliver efficient, well-designed products and service capabilities," Mr Clark said.
Mr Delaney is currently head of wealth products and platforms in the banking and financial services group at Macquarie Bank. Prior to this, he was head of insurance at Macquarie Life.
Ms Clarke will be responsible for representing TAL externally to support the group's engagement and contribution to the industry and regulatory agendas.
"Anne will support TAL to achieve its business objectives within the regulatory and legal environment, providing broad strategic advice and managing important regulatory relationships," said Mr Clark.
"Anne is a very experienced senior wealth management lawyer and is highly regarded in the industry for both her technical skill and her ability to operate and communicate at senior executive, board and regulator levels. She also has a reputation for her comprehensive knowledge of the commercial and industry environment."
Ms Clarke joins from AMP and prior to that she was executive counsel at Herbert Smith Freehills.
She will join TAL on 28 September, while Mr Delaney will begin on 6 October.
Former NSW adviser banned following conviction
BREAKING ASIC has permanently banned a former NSW-based financial adviser follow...
Westpac brings in new ‘battle-hardened’ chairman
Westpac has appointed a successor to replace outgoing chairman Lindsay Maxsted. ...
Advice in ‘flux’: HLB Mann Judd
It’s the best of times and the worst of times for financial advisers, with ind...