IAG Chairman, Elizabeth Bryan, has announced major changes to the company’s Board. Ms Bryan will retire from the company at the AGM on 22 October 2021 after six years leading the organisation. She will be succeeded as Chairman by Tom Pockett. A second Director, Duncan Boyle, will also retire from IAGs Board on 22 October 2021. Mr. Boyle has served on the Board for five years, including three years as Chairman of the Risk Committee. Ms Bryan also announced that three new Directors will be joining the Board as part of an ongoing process of Board renewal to ensure it has the optimum mix of skills and experience to support the company. The new Directors bring deep insurance and public company governance experience to their roles, and their skills will supplement those of the existing Directors. The new members of the Board are David Armstrong and George Sartorel, commencing 1 September 2021, and Scott Pickering, commencing 1 November 2021. Mr. Armstrong will become the new Chairman of the Audit Committee at the conclusion of the 2021 AGM. Mr. Armstrong is a well-known and highly respected company director. He is a former partner with PwC specialising in financial services. Mr. Armstrong brings deep knowledge of audit and risk control, and experience with Australian public companies. Mr. Sartorel has had a long and distinguished career with Allianz Group and was most recently Regional Chief Executive, Asia Pacific. He has returned home to Australia and brings with him experience in creating and leading large, innovative insurance companies with digital business models. Mr. Pickering has also had a successful international career as a global insurance executive. He has held senior leadership roles with Royal Sun Alliance and with Willis Towers Watson. Mr. Pickering has recently retired from the role of CEO of the NZ Accident Compensation Corporation. These appointments are subject to regulatory approvals.