MLC appoints new chief risk officer

— 1 minute read

MLC has appointed a financial services veteran as its new chief risk officer (CRO).

David Clarke

David Clarke will step into the role, and joins MLC from Queensland Investment Corporation (QIC) where he served as CRO for the last seven years.

“While risk management is everyone’s business at MLC, we need strong and experienced leadership to ensure our enterprise risk management framework and culture [are] robust, fit for purpose, and [enable] us to meet the expectations held by all stakeholders including clients, regulators and our people,” said MLC CEO Geoff Lloyd. 


“This requires modern leadership and contemporary risk management. David has a reputation for developing great teams and [industry-leading] approaches to how risks are managed, encompassing all aspects of operational, strategic, emerging and external risk factors.”

Mr Clarke joined QIC in 2007, following four years with Macquarie Bank’s Financial Services Group. He has previously worked at Linklaters in London and Tokyo, and at Clayton Utz in Sydney. 

“We’re very much looking forward to David’s leadership contribution,” Mr Lloyd said.

Mr Clarke will commence in the role in early October.


MLC appoints new chief risk officer
David Clarke
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