Generation Life snags super fund's head of risk

Generation Life has named its chief risk officer, recruiting from Aware Super.

Norlena Brouwer is joining the annuity provider as chief risk officer, after spending over a year as head of business risk and compliance for enablement, transformation and performance at Aware Super.

She brings close to 20 years of experience across risk and compliance, including chief risk and compliance officer at Marsh McLennan for almost two years. Prior to that, she held senior roles, including group executive risk and compliance and head of risk, at Hostplus where she was stationed for over eight years.

The appointment follows a multi-partner alliance that was formed by CFS, which includes Generation Life and Challenger, to expand its retirement offering.

Commenting, Generation Life chief executive Felipe Araujo welcomed Brouwer to the new role.

"Norlena brings deep experience across risk management, governance and financial services, together with a highly regarded leadership background developed at leading institutions," Araujo said.

"Her expertise and strategic perspective will be invaluable as our business continues to evolve and as we expand our impact across the wealth management and retirement landscape.

"We are excited to have Norlena join the business at such an important stage of our growth journey where strong governance and risk leadership are critical, and we look forward to the contribution she will make to Generation Life and our clients."

Sharing the appointment on LinkedIn, Brouwer said she looks forward to joining the company.

"I am looking forward to joining Felipe Araujo and his leadership team in this next stage of growth and impact," she said.

"I am excited for what's ahead and looking forward to the journey with the Generation Life team.

"I would also like to thank Sally Collins and all the wonderful people at Aware Super for the opportunity, experience and relationships I enjoyed in my time there."

Financial Standard reached out to Aware Super for updates on finding a replacement for Brouwer's role.

Generation Life has also appointed a new distribution manager Robert Coulter earlier this month. Joining from Allianz Retire+, his role focuses on platform and institutional collaboration, APL positing and driving further adviser adoption of its investment bond and investment-lined lifetime income solutions.