Pacific Life Re has announced that Tyson Johnston has been promoted to the role of head of client strategy and solutions, reporting to managing director Andrew Gill.
Johnston was most recently working as the firm’s group insurance director and in his new role will have responsibility for Pacific Life Re Australia’s strategy, marketing and sales, while also developing new solutions for its clients.
In addition, Minico Xia, who joined Pacific Life Re Australia as a product manager in 2017, has been promoted into the role of group insurance director, reporting to Johnston.
“Since launching in Australia, Pacific Life Re has successfully entered into both the group and retail insurance markets, as well as introducing market-leading UnderwriteMe technology to Australia through a number of partnerships with local insurers,” Gill said.
“These changes and further upcoming additions to the client strategy and solutions team will enable us to continue to deliver solutions to our partners with a view to enhance their business as well as ours.
“Tyson in particular has excelled in his role since joining and he will make a welcome addition to the Pacific Life Re Australia management team.”
Governor Michele Bullock took a more hawkish stance on Tuesday, raising concerns over Donald Trump’s escalating tariffs, which sent economists in different directions with their predictions.
Equity Trustees has announced the appointment of Jocelyn Furlan to the Superannuation Limited (ETSL) and HTFS Nominees Pty Ltd (HTFS) boards, which have oversight of one of the companies’ fastest growing trustee services.
Following growing criticism of the superannuation industry’s influence on capital markets and its increasing exposure to private assets, as well as regulators’ concerns about potential risks to financial stability, ASFA has released new research pushing back on these narratives.
A US-based infrastructure specialist has welcomed the $93 billion fund as a cornerstone investor.