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The news that TAL has appointed a new MD to replace Brett Clark, who has been promoted to a regional role with parent company, Dai-ichi Life drew strong reader interest this week…

TAL has appointed Fiona Macgregor as its new Group CEO and Managing Director, following  the promotion of Brett Clark to the role of CEO and Managing Director of Asia-Pacific for Dai-ichi Life Group, TAL’s parent company.

Macgregor takes on the new role effective from 1 October 2024. She will continue in her current role as Chief Executive – Individual Life until then as part of a leadership transition with Clark over the next three months.

Fiona Macgregor

A statement from TAL says that leveraging her broad expertise across innovation, customer, partnerships, brand and technology, Macgregor will be responsible for leading TAL through its ongoing strategy in the life insurance and retirement markets with a focus on digitally enabled customer and partner experience.

Clark says it has 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.

Brett Clark

“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.”

TAL Board Chair Mark Joiner says Macgregor is an impressive leader with more than 10 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.”

He says Macgregor knows the 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.”

He says the Board has been carefully preparing for CEO succession and is confident she is the right person to lead TAL into the future.

He thanked Clark 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.”

Macgregor says she is looking forward to leading TAL Australia through its next stage of development  and feels “…privileged to have this opportunity to lead the TAL team.”

Brett Clark and Fiona Macgregor