MLC Life Insurance has made two senior additions to its finance team in newly-created management roles.

Lesley Mamelok, who has been acting CEO at Integrity Life for a year, has been appointed GM Finance and Deputy CFO while Robert Baillie takes the role of GM Capital Management & Corporate Finance. Both are based in Sydney and report to CFO Kent Griffin.

“Our sector is undergoing significant change. We are bringing in the right expertise to help us navigate these challenges,” Mr Griffin said.

Ms Mamelok, who was formerly CFO at Integrity Life, spent 14 years at AMP, including as CFO for AMP Bank, and remains a non-executive committee member of AMP Capital. She will oversee financial control of MLC Insurance, including expense management, investment control, tax, financial accounting and reporting.

Mr Baillie has more than 30 years’ life insurance experience and comes from TAL, where he has been Head of Actuarial (Capital & Investment) for almost six years. He formerly spent four years at AMP and 15 years at Axa and in his new role will be responsible for capital management, including treasury, corporate finance, business planning and reinsurance strategy.