AIA Australia has announced the appointment of senior industry executive, Ben Walsh, to the newly created role of Chief Life Insurance Officer, effective 1 June 2020.
A media release from AIA says that in the new role, Walsh, who is currently Mercer’s Managing Director and CEO of Australia and New Zealand, will drive the direction of the life insurance arm of the business, which includes CommInsure Life.
The insurer says that as Chief Life Insurance Officer, Walsh “… will be responsible for delivering market-leading life insurance propositions across a diverse range of channels, in order to best meet consumer need”.
He will join the Executive Team and report to Chief Executive and Managing Director of AIA Australia and New Zealand, Damien Mu who said that Walsh’s “… leadership and expertise will allow us to deliver greater value in life insurance, further strengthening our leadership by identifying and investing in innovative ways to meet evolving customer needs and expectations”.
The statement says that Walsh is an experienced industry executive, having worked for Mercer and its sister company Marsh for more than 25 years, most recently as Managing Director and CEO of Australia and New Zealand.
He was also Chief Country Officer of Mercer’s parent, the global professional services firm Marsh & McLennan Companies and Director of five Mercer Boards across Australia and New Zealand, including the Trustee of the A$25 billion in funds under management Mercer Master Trust.