Lenders’ mortgage insurer Helia Group’s Chairman Ian MacDonald will retire from the board at the end of his term in May. 

Mr MacDonald joined the board in 2012 and became Chair in 2016. He has more than 40 years of financial industry experience and was previously president of the Financial Services Institute of Australasia.  

Independent Director Leona Murphy has been announced as his successor following a board vote. She will step up after the company’s annual general meeting on May 9.   

Helia Group was known as Genworth Mortgage Insurance Australia until 2022 when it separated from its US parent company.