Genworth Mortgage Insurance Australia has named Andrea Waters as a non-executive board director, with her appointment to take effect on March 16.

Ms Waters has more than 35 years’ experience in financial services, including as a KPMG partner specialising in financial services audit until 2012. She is presently a director of Hobart-based financial group MyState, Grant Thornton Australia, Bennelong Funds Management Group, Citywide Service Solutions and the Colonial Foundation.

Her appointment follows the retirement from the board of Gayle Tollifson, who will step down next month after eight years as a director.