Brett Clark and Fiona Macgregor. Source: TAL

TAL has appointed Fiona Macgregor as its new group CEO and managing director from 1 October 2024.

She will continue in her current role as chief executive – individual life until then as leadership transition with Brett Clark continues.

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This follows the promotion of TAL’s current Group CEO and managing director Brett Clark to the role of CEO and managing director of Asia-Pacific for Dai-ichi Life Group, TAL’s parent company.

Macgregor will be responsible for leading TAL through its ongoing strategy in the life insurance and retirement markets with a focus on digital and customer experience.

TAL CEO and leadership reaction

TAL Board Chair Mark Joiner said: “Fiona Macgregor is an impressive leader with more than ten years in senior leadership roles at TAL. She has a strong track record of leadership in the business and has helped to grow and shape TAL.

“Fiona knows our business well and has a deep appreciation for the needs and expectations of our customers and partners in the evolving life insurance and retirement income markets. The Board has been carefully preparing for CEO succession and we are confident Fiona is the right person to lead TAL into the future.

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“I would like to sincerely thank Brett for his leadership of TAL over the last nine years. He has built a strong executive team and provided the vision and leadership enabling TAL to grow and go from strength to strength to become one of Australia’s leading life insurers during a significant period of change for the life insurance industry.”

Incoming TAL group CEO and managing director Fiona Macgregor added: “Together with our partners, we want to continue to ensure Australians are well protected and supported in living the life they have planned for themselves and their families. We’ll keep working hard to ensure we deliver products that are relevant and valued, and a faster, better service experience.

“I’m immensely proud of the contribution we make and the help we provide to Australians when they need us most. I feel privileged to have this opportunity to lead the TAL team.”

Clark continued: “It’s been a privilege to lead TAL through a significant period of growth and industry change.

“TAL is a company with a long and proud history in Australia, and I’ve seen every day the difference that we make to the lives of our customers and their families.

“I’m excited by my new opportunity with Dai-ichi Life Group, and to be able to continue to support Fiona and TAL as part of my CEO role in Asia-Pacific.”