Challenger positions with new board appointments | Australian Markets
Challenger Limited has introduced two new board appointments because it seems to be to bolster its digital presence and grow its retirement incomes offering.
The company introduced that it had appointed former Slater and Gordon chief government and KPMG chief, John Somerville to the board alongside the founder and government director of international software program company, Lexer, David Whittle.
The two appointments are related with the approaching retirement of JoAnne Stephenson.
Commenting on the appointments, Challenger chair, Duncan West mentioned they mirrored Challenger’s dedication to board renewal and sustaining a sturdy and numerous combine of expertise and industry data.
He mentioned Somerville’s expertise in designing and implementing governance and risk constructions can be an asset as Challenger continues to grow its retirement and income franchise.
West mentioned Whittle’s background can be beneficial as Challenger progressed its digital transformation and executed the following section of its strategy “to meet more customer needs across a broader range of channels”.
Somerville and Whittle will stand for election at Challenger’s annual common assembly on 30 October.
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