TAL Life Insurance CEO Jim Minto has been appointed Executive Officer of parent company Dai-ichi Life.

He will also join the board and executive committee as head of the Japanese group’s Australian business.

“I am delighted to be involved with Dai-ichi at the board level, to help ensure the future success of the two businesses,” Mr Minto said. “We want to further build on the successful relationship we have developed since 2008.

“TAL Life looks forward to playing an even bigger role within the Dai-ichi Life group as we strive to provide our customers with life insurance solutions.”

TAL Chairman Rob Thomas says the move recognises Mr Minto’s business acumen and experience and reflects the success of the TAL Dai-ichi Life relationship.

“This signals the expectation that TAL will be playing a significantly bigger role in Dai-ichi Life strategy implementation as the group expands its footprint for future growth,” he said.