The new peak body representing Australia’s life insurance industry, the Council of Australian Life Insurers (CALI), has today announced the appointment of its inaugural CEO.
Christine Cupitt will join CALI as its Chief Executive Officer, commencing in January 2023. Ms. Cupitt joins CALI after 8 years at the Australian Banking Association (ABA) where she held various roles, most recently Chief of Policy and Strategy.
CALI co-Chairs, Damien Mu, chief executive and managing director, AIA Australia and Brett Clark, group chief executive and managing director, TAL, said the appointment of CALI’s inaugural CEO is another important step forward for the newly formed life insurance peak body.
“Christine’s appointment is a significant milestone in the establishment of CALI.”
“Christine’s considerable experience and her senior leadership role at the ABA through a time of significant change across the banking industry places her well to lead CALI’s work in shaping the industry’s direction and continuing to meet the evolving needs and expectations of our customers, partners, stakeholders, and the community.
“Christine’s deep experience across banking, wealth, and insurance gives her a unique perspective and ability to ensure CALI is set up for success to advocate for Australians to have access to appropriate, affordable, and sustainable life insurance protection.
“There is much important work to do on these matters and in the ongoing set up of CALI, and the board will continue driving this progress until Christine commences her new role in January 2023.”
Incoming CEO, Christine Cupitt said, “Life insurance plays an essential role in Australia’s community and economy, and I am delighted to be leading CALI and supporting the industry to meet stakeholder expectations and deliver excellent outcomes for customers.
“I look forward to working with consumer representatives, regulators, Government and other industry associations on issues critical to the life insurance industry.”