MLC Life Insurance says Endo Hiroyuki has started as Chief Investment Officer and Deputy CFO, joining from Nippon Life which owns 80% of the Australian business. 
 
He succeeds Yosuke Nakano, who is leaving to take up the role of GM Head of Indian Business, Global Business Planning Department at Nippon Life based in Mumbai. 
 
Mr Hiroyuki was most recently based in Nippon Life’s Tokyo office, holding the position of GM Separate Account Investment Department. 
 
He began his career with Nippon Life Insurance in 1995 and since then has held several senior roles within the company, including Chief Manager, Cash Management Department and Deputy General Manager, Investment Risk Management Department. 
 
MLC Life Insurance CEO Kent Griffin says Mr Hiroyuki’s appointment is “a sign of the critical, close working relationship” with Nippon Life. 
 
It also shows the “commitment Nippon Life has to the success of our business,” Mr Griffin said. 
 
Nippon Life Insurance Group Director and Managing Executive Officer Minoru Kimura says the Australian life insurer “is core to Nippon Life Insurance’s international growth strategy”. 
 
“We are delighted [Mr Hiroyuki] will be able to bring his significant depth of experience to MLC Life Insurance, as part of our long-term partnership.” 
 
Nippon Life acquired its 80% holding in MLC, the entity which operates the MLC Life Insurance business, from NAB in 2016 with the Australian bank retaining a 20% stake.