MLC Life Insurance appoints CFO

MLC Life Insurance has appointed Kent Griffin as its new chief financial officer (CFO), reporting to acting chief executive Sean McCormack as a member of his leadership team.

Kent would lead the finance and actuarial teams with accountability for financial management and internal audit strategies, systems, controls and governance frameworks to ensure continued compliance with regulations and industry standards.

He had over 30 years’ corporate and consulting experience in financial services, both in Australia and internationally.

Before MLC Life Insurance, he was CFO of TAL from 2012-2019, partner of Ernst & Young (2010-2012 and regional CFO of AXA Asia Life (2007-2009).

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“It is an important time for MLC Life Insurance as we ensure sustainability for now and the future and fulfil our ambition to be Australia’s leading and most trusted life insurer,” McCormack said.

“As a seasoned financial services professional, Kent’s experience will be instrumental as we adapt to the ongoing structural challenges facing the life insurance industry and deliver on the promises we make to our customers and business partners.

“Kent will also play a key role in maintaining our momentum in delivering the most advanced digital ecosystem in the industry to create a great experience for our customers and business partners. I look forward to him joining our leadership team.”