Rest, Mercer executive joins TAL
Brendan Casey - the former general manager of investments at Rest Industry Super - has joined TAL Australia as its senior manager of investment strategy implementation.
In the new role, Casey will be focused on driving the implementation of the insurer's general account investment strategy and supporting a review of the operating model to ensure it is fit for purpose as it evolves.
Casey brings thirty years' experience in financial services to TAL Australia, most recently as head of investment strategy at Mercer, where he was responsible for strategic asset allocation, dynamic asset allocation and exposure management prior to the merger with BT Super and Advance Asset Management.
Before this, Casey was general manager of investments at Rest Super and head of investment operations and control at Suncorp.
He commenced his career as a chemical engineer before moving into financial services and has held positions as an equity trader at Commonwealth Bank, Southern Cross Equities, and Salomon Smith Barney/Citigroup.
"TAL Australia is Australia's largest life insurer with over 5 million customers and has grown rapidly in recent years. It is a privilege to help them implement a more sophisticated investment strategy in order to generate an increased return on capital whilst reducing investment risk," Casey said.
In his spare time, Casey is a Brigadier General with the Australian Army Reserve and is posted as the Army's Adjutant General.
Reporting to TAL's head of investments & asset liability management Richard Allen, he will be replacing Matthew Conacher who moved internally into the role of Investment risk specialist
Allen joined TAL a year ago and has responsibility for $8 billion of funds and managing balance sheet interest rate and inflation risks.
"I was appointed with a mandate to "do more" with investments," he said.
"We have been reviewing investment strategy and progressively implementing enhancements, with further changes planned.
"I worked with Brendan at Suncorp around a decade ago and know that his experience and expertise will greatly assist us on this journey."
