TAL chair retires

Life insurer, TAL, has announced the appointment of Mark Joiner as its independent chair, following Duncan Boyle’s decision to retire after eight years leading the board.

Joiner was appointed to the TAL Board as an independent non-executive director in May 2022 and served on the Audit Committee, the Risk Committee and the Remuneration, Nominations & People Committee.

He is also a company director, currently serving as the Chair of PEXA Group, an independent non-executive director of Latitude Financial Services and the Chair of QBE Insurance Group’s Australian and New Zealand subsidiaries.

Between 2008 and 2013, he was chief financial officer at National Australia Bank (NAB), having previously worked for Citigroup in the United States and as a management consultant with Boston Consulting Group in Australia and the United States.

Commenting on the Boyle’s departure, the firm said he oversaw the most significant period of growth at TAL in its 150-year history, including the acquisitions of the Australian life insurance businesses of both Suncorp and Westpac, as well as guiding the company through a period of substantial regulatory and industry change.

“Under chief executive officer and managing director Brett Clark’s leadership TAL has achieved much in the past few years and the company is in a strong financial and operational position. There is still more to do and TAL is well placed to continue to prosper in the future,” Boyle said.

“I am delighted at Mr Joiner’s appointment and the extensive financial services leadership experience he brings to the role and I wish him and the team all the best for the next phase of TAL’s development.”