MLC adds an additional external director to sit on its advice and licences board.
MLC has appointed David Bleakley as an external director to its advice and licences board, with further plans to eventually implement a majority external licensee board membership.
Bleakley is the second non-executive director to be appointed to the board within the last six months, joining Peeyush Gupta who joined the panel in November last year.
Bleakley's appointment was in line with the group's focus on governance, according to MLC & NAB Wealth executive general manager advice and marketing Richard Nunn.
"David's appointment to the board is a further step towards putting in place a majority external licensee board membership," he said.
"Our focus remains on governance, rather than product distribution, and this step further enhances MLC's reputation for improving transparency and trust in financial services."
Bleakley is an experienced non-executive director most recently serving on the boards of RetireInvest, Millennium 3, Financial Services Partners and ING Financial Planning.
He also brings to the position a career in wealth management spanning almost 30 years, founding the financial planning company Bleakleys in 1981 before going on to senior positions at Advance Bank, Tower Group and Bridges Financial Services Group.
The advice and licences board oversees the affiliated financial planning networks of Godfrey Pembroke, Garvan Financial Planning, MLC Financial Planning, Apogee Financial Planning and NAB Financial Planning.
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