At the end of September 2019, we will say farewell to our Chairman, Dr Martin Altmann and to Mr Henry Botha, the Chairman of the Group’s Audit Committee.
In line with good corporate governance, our Boards have a policy that directors must retire after a maximum term, recognising the importance of continual change and renewal to ensure the Boards remain open to new ideas and independent thinking, whilst retaining an appropriate skill mix and adequate expertise. Both Martin and Henry will reach their tenure in September 2019, which is why they will be retiring from the Group’s Boards.
New appointments to Chairman and Deputy
Given these changes, we are pleased to confirm the following appointments:
- Dr Andrew Pesce, our current Deputy Chair, will be appointed as Chairman of both MDASA and Medical Insurance Australia
- Dr Roger Sexton, a current director on our Boards will be appointed as Deputy Chairman of both companies.
Andrew is a practising Obstetrician and Gynaecologist in NSW and will be well known to many members as a former Federal President of the AMA.
Roger is a General Practitioner who works predominantly in rural South Australia with a special interest in Doctors’ Health.
Andrew and Roger both have a strong understanding of our business, having served on our Boards for many years. We look forward to their ongoing contribution to the Group in their new roles.
New appointment to the Boards of Medical Insurance Australia
With the vacancy to be created by Dr Altmann’s retirement, we are pleased to welcome Dr Stephen Parnis as a new member of the Board of Medical Insurance Australia Pty Ltd.
Stephen is a Senior Specialist in Emergency Medicine in Melbourne and is active in providing advice on matters of medical practice and health policy. He has previously held senior leadership roles within the AMA, most recently as Federal Vice President in 2016.
Having a medical director based in Victoria is important to us, given MIGA’s national representation and significant membership in that State.
Stephen’s appointment to the Board of Medical Insurance Australia will take effect from 31 May 2019 and to the Board of MDASA from 1 October 2019 (as per Article 51 of the Constitution). In accordance with our Constitution, Stephen will stand for re-election at the next AGM in November 2019.
We congratulate Dr Andrew Pesce and Dr Roger Sexton on their appointments, which will take effect from 1 October 2019, and we welcome Dr Stephen Parnis to our Boards.
Both Martin and Henry have contributed so much to MIGA over their years on our Boards and we will miss them enormously.
We will say thank you and farewell to them more formally later in the year.