MLC Life appoints CEO after five-month search

MLC Life Insurance Rodney Cook amp new zealand Zurich Financial Services sean mccormack NAB

5 June 2020
| By Laura Dew |
image
image
expand image

MLC Life Insurance has appointed Rodney Cook as chief executive and managing director after an extensive search following the departure of David Hackett in January. 

Cook would join MLC on 15 June, 2020 and had previously held several senior managerial roles at firms such as AMP New Zealand, Zurich Financial Services and Prudential UK. 

Most recently, he was chief executive of UK insure Just Group for nine years until he left in June 2019. 

He would take over from Sean McCormack who had been working as acting chief executive and managing director for the last five months in an interim capacity. McCormack would remain at MLC in an expanded role. 

Hackett left MLC in January and had been the firm’s first chief executive as it separated from National Australia Bank. 

Cook said: “I am thrilled with the opportunity to lead an iconic company, which MLC Life insurance is. These are challenging times for all Australians and their life insurers. With the continued support of Nippon Life and NAB, and significant ongoing investment in our technology and processes, I aim to deliver outstanding service to our 1.3 million customers through our business partners and people".

Read more about:

AUTHOR

Recommended for you

sub-bgsidebar subscription

Never miss the latest news and developments in wealth management industry

MARKET INSIGHTS

Completely agree Peter. The definition of 'significant change is circumstances relevant to the scope of the advice' is s...

3 weeks 4 days ago

This verdict highlights something deeply wrong and rotten at the heart of the FSCP. We are witnessing a heavy-handed, op...

1 month ago

Interesting. Would be good to know the details of the StrategyOne deal....

1 month ago

Insignia Financial has confirmed it is considering a preliminary non-binding proposal received from a US private equity giant to acquire the firm. ...

1 week 2 days ago

Six of the seven listed financial advice licensees have reported positive share price growth in 2024, with AMP and Insignia successfully reversing earlier losses. ...

5 days 3 hours ago

Specialist wealth platform provider Mason Stevens has become the latest target of an acquisition as it enters a binding agreement with a leading Sydney-based private equi...

4 days 7 hours ago