Geoff Lloyd adds to board appointments

Former CEO of MLC and Perpetual, Geoff Lloyd, has added to a growing list of board and advisory committee appointments with the addition of a spot on the Allianz Retire+ Retirement Advisory Board.

Lloyd was also appointed recently appointed to chair investment platform Stake and is also chair of Dash Technology Group.

"Having served as the CEO of MLC, one of the most rewarding experiences was assisting more than a million MLC Wealth clients in preparing for and enjoying their retirement which is why aligning with a business solely focused on retirement was extremely attractive," Lloyd said.

"By leveraging the scale of both Allianz life insurance and PIMCO, Allianz Retire+ offers a unique blend of global resources with deep local experience. I look forward to contributing my expertise to Allianz Retire+ and helping more Australians achieve financial security in their retirement."

Also joining the Allianz Retire+ Retirement Advisor Board is former UniSuper CEO Kevin O'Sullivan and former CEO of the Fund Executives Association Limited (FEAL) Joanna Davison.

"We are committed to solving the issues facing retirees, superfunds and advisers. The purpose of establishing the Advisory Board was to engage with some of the most respected industry leaders and listen to their perspective of the challenges facing retirees and the industry," Allianz Australia Life Insurance CEO, Adrian Stewart, said.

"With the Retirement Income Covenant taking effect in July 2022 and regulators calling for Life Companies to step-up to the plate, the time is now for a global firm like Allianz to take the lead in delivering the next generation of retirement income solutions to Australians. The Advisory Board will provide valuable insights to Allianz in order to deliver on this mission and ultimately create greater certainty for Australian retirees."