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MLC life insurance welcomes new board director

The role will commence on 16 December.

MLC Life Insurance (MLCL) has announced the appointment of Catherine Dubé to the MLC Limited board as an independent non-executive director.

Ms Dubé will additionally be replacing Sandra Birkensleigh as chair of the board audit committee, as part of a planned board renewal.

Commenting on Ms Birkensleigh’s 10 years of service, MLCL chairman Peter Grey thanked her for her “instrumental role in guiding our business through significant change, including the acquisition of MLCL by Nippon Life and the transformation required to become a standalone life insurer.”

“Sandra leaves MLCL well placed for future success.”

Ms Dubé joins MLCL with over 25 years of business experience in the financial services sector, currently serving as a non-executive director of Guild Group Holding and Guild Insurance Limited, and chair of the Guild Group audit and risk committees.

Moreover, she also serves as a non-executive director and audit committee chair for Assetinsure and Challenger Retirement and Investment Services and is a member of the ACT public trustee and guardian investment board.

“I’m very much looking forward to joining MLCL and making a genuine contribution to the board and the organisation as MLCL seeks to achieve its ambition of becoming Australia’s leading and most trusted life insurer,” Ms Dubé said.

Peter Grey went on to say that he is “delighted” to welcome Ms Dubé to the MLCL board.

“Catherine is an experienced non-executive director with a proven record in delivering sustainable business growth, managing risk and regulatory complexity, and motivating organisations to deliver in a competitive landscape.

“Her understanding of the issues impacting our sector will be important as we execute the next phase of MLCL’s business strategy,” he continued.

Ms Dubé was chief risk officer at AIG from 2012 to 2019 and is a qualified actuary.

She has a Bachelor of Science in Mathematics from the University of Montreal, is a fellow of the Actuaries Institute, a fellow of the Society of Actuaries, and a graduate of the Australian Institute of Company Directors.