In a statement, the FSC and AFCA said Jan McCLelland would step into the role of chair of the Life Code Compliance Committee (LCCC).
Ms McCLelland replaces previous chair Anne Brown, who stepped down earlier this year.
She is a current deputy chancellor of the University of New England, chair of the Gateway Network Governance Body and a member of the advisory board of the NSW Circular Economy Innovation Network.
“Ms McClelland has extensive experience in industry codes of practice, and has served on audit and risk committees in legal, health and local government sectors,” the two bodies said.
“The LCCC has an important role in monitoring the effectiveness of the life code and therefore supporting good industry practice,” AFCA chief executive David Locke said.
“Ms McClelland will bring deep and diverse experience to the leadership of the committee.”
“I am pleased to welcome Ms McClelland to the LCCC and look forward to working closely with her in ensuring the life insurance code of practice delivers for Australian consumers,” FSC chief executive Sally Loane said.
“I would also like to thank Anne Brown for her contribution to the committee during her time as chair.”
AFCA currently provides the secretariat services for the LCCC, which is comprised of one industry representative, one consumer representative and the chair.
Neil Griffiths
Neil is the Deputy Editor of the wealth titles, including ifa and InvestorDaily.
Neil is also the host of the ifa show podcast.
