CEO transition confirmed at MLC Life

MLC Life Insurance has announced the impending retirement of its chief executive, Rodney Cook and his replacement by the company’s chief finance officer, Kent Griffin.

The company said Cook intended to retire at the end of this year after two and a half years in the role.

The announcement said that the board had chosen CFO, Kent Griffin to succeed Cook in late October but that to ensure a smooth transition, Cook would continue to lead the business over the next five months.

MLC Limited Chairman, Peter Grey, said, “I am pleased the Board has chosen Kent to take over from Rodney as our new CEO. He is an outstanding leader and brings a wealth of commercial and strategic experience to the role.

“Since he joined us in early 2020, Kent has helped to strengthen our business and has overseen our return to profitability. He is a strong leader with a clear vision for the future of MLC life Insurance as we face the challenges of a fast-changing life insurance sector and ever evolving customer needs.

“On behalf of the Board, I want to extend our sincere thanks to Rodney for guiding us successfully over the last two years. During his tenure, Rodney commenced an important change to our culture and mindset to one that is relentlessly focussed on the needs of our customers. We are confident this good work will continue after his departure.”