Everest Re taps senior exec with diverse expertise in growth & transformation

Bermuda-based re/insurer  Everest Re Group has appointed a new board member who currently sits on the RSA board and has decades of experience leading corporate growth and transformation strategies at large multi-nationals spanning five continents.

Hazel McNeilage (Pictured) will join Everest Re as an independent, non-executive member of its board of directors.

McNeilage’s four-decade-long career is built on deep global financial services experience with specialisation in investment management, distribution, business and technology transformation, international regulation and governance. Serving in various executive leadership roles, she led expansion and restructuring strategies for multiple leading financial institutions across the United States, Europe, Australia, South Africa, and Asia.

Most recently, McNeilage was head of EMEA for Northern Trust’s asset management business and served as a member of the company’s global and international management teams. She held various executive roles in global investment management at Principal Financial including global head of distribution and head of international investments and she was part of the executive team that navigated the business through the financial crisis. Earlier in her career, McNeilage served as head of investment consulting for Asia Pacific with Towers Perrin.

She also has significant experience serving on the boards of large, multi-national Fortune 500, early-stage and not-for-profit organisations. She currently serves on the board of Reinsurance Group of America (RGA), and Scholarship America as well as the advisory board of 9th Gear Technologies.

“Hazel’s extensive global business experience and exceptional leadership acumen make her a valuable addition to Everest’s Board,” said Juan Andrade, Everest president and CEO. “Hazel brings a diverse, global perspective from decades of experience leading corporate growth and transformation strategies spanning five continents. I look forward to working closely with Hazel as we continue to generate positive momentum for the company and our shareholders.”

Joseph Taranto, Everest chairman, added: “On behalf of the Board, I am delighted to welcome Hazel to Everest. She is a highly accomplished international financial services leader whose diverse expertise perfectly complements the skills and experiences of our board members. Hazel’s multi-faceted background and proven advisory experience will be significant assets as we continue to execute our strategy and deliver value to our stakeholders.”

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