MLC Life Insurance (MLCL) has appointed Catherine Dubé to the MLC Limited Board as an Independent Non-Executive Director, with effect from 16 December 2022. Catherine will also be appointed Chair of the Board Audit Committee, replacing Sandra Birkensleigh, who has served on the Board for 10 years, as part of planned Board renewal.

Catherine is a professional Non-Executive Director with over 25 years’ business experience in the financial services sector. Catherine currently serves as a Non-Executive Director of Guild Group Holding and Guild Insurance Limited, and Chair of the Guild Group Audit and Risk Committees. She also serves as a Non-Executive Director and Audit Committee Chair for AssetInsure and for Challenger Retirement and Investment Services. She is also a member of the ACT Public Trustee and Guardian Investment Board.

Catherine was Chief Risk Officer at AIG from 2012 to 2019 and is a qualified Actuary with over 25 years’ experience in financial services.

MLCL Chairman, Peter Grey, said:

“I’m delighted to welcome Catherine to 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.

I want to thank Sandra for her many years of service to the MLCL Board. She has played an 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.”

Speaking about her appointment, Catherine said:

“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.”

Catherine 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.