Challenger appoints two non-exec directors

Challenger appoints two non-exec directors

Two new non-executive directors have been appointed to the boards of both investment manager Challenger Limited and annuities provider Challenger Life.

Commencing today, Melanie Willis and John Green will join the boards as independent non-executive directors, according to a statement.

With experience in corporate finance, investment and public companies, Ms Willis was chief executive at NRMA Investments from 2009 to 2015, director at Deutsche Bank for two years and prior to that was vice president at Bankers Trust Australia for seven years.

She has held numerous non-executive director positions at various boards such as Crowe Horwath Australia, Pepper Financial Services Group and Aevum Limited, and is currently serving on the board of Mantra Group and Southern Cross Austereo.

Mr Green is deputy chairman at QBE Insurance Group Limited and also chairs various committees in the company, with former experience in financial services, investment banking and law.

Mr Green is also a former non-executive director at WorleyParsons, and was a novelist and co-founder of book publisher Pantera Press.

Commenting on the appointments, Challenger chairman Peter Polson said the company was pleased to welcome the directors and the skills they brought to the board.

“These high calibre appointments reflect the success of our board renewal process, ensuring we continue to have a diverse and high performing board with deep financial and commercial acumen and a good mix of skills, experience and tenure,” Mr Polson said.

Both Ms Willis and Mr Green will offer themselves for election at Challenger’s annual general meeting in October 2018, the statement said.

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