Dai-ichi Life executive officer Shinichi Aizawa will become a director on the board of TAL, chair Rob Thomas has announced.
Aizawa currently manages the Dai-ichi Life group’s overseas insurance business, having been with the life insurer since 1983, and has also gained experience from working in the US.
Aizawa said the appointment would strengthen the relationship between both companies.
“Since both TAL and Dai-ichi Life are life insurance specialists, Dai-ichi Life would like to enhance the partnership with TAL, help TAL continue to successfully grow and also explore the opportunity to share TAL’s practices and experiences with other group companies,” he said.
Aizawa replaces Takayuki Kotani, who stepped down from the position at the end of March to take on a new leadership role within Dai-ichi Life.
Thomas said TAL had been extremely successful during Kotani’s tenure.
“We thank Mr Kotani for his collaboration and assistance in helping to ensure our success and wish him well in his new role,” he said.
The $205 billion super fund has appointed Simon Warner as chief investment officer (CIO) following a global search to replace outgoing Damian Graham.
Industry super fund Rest has appointed an interim head of private markets following the exit of Simon Esposito.
Two former Statewide Super executives have been acquitted of dishonesty charges following a trial in the District Court of South Australia.
Allianz Retire+ has announced major leadership changes with the appointment of a new CEO and distribution heads to help expand its presence across the institutional channel.