OUR PEOPLE

Peter was appointed Chair of AIA Australia Limited in May 2021. He is also a Director of Linfox Australia Pty Ltd and Mutual Trust Pty Ltd. He is Chairman of the Royal Institution of Australia, the Australian Science Media Centre, the Faculty of Business and Economics at Melbourne University, the Royal Children’s Hospital Foundation, the Shared Value Project and the NHMRC Centre for Personalised Immunology at ANU and the Australian Research Council Centre of Excellence for Quantum Computation and Communication Technology at UNSW.

From 2004-2007 Peter was Managing Director of Oceania Capital Partners and held the position of Chief Executive Officer of Publishing and Broadcasting Limited from 2001-2004. Until 2001, he worked in the Investment Banking industry including 15 years with Macquarie Bank. He holds a Doctorate of the University from Murdoch University, a Masters degree from Stanford University Graduate School of Business and a Commerce degree from University of Melbourne. He speaks Japanese, having studied at Keio University in Tokyo.

Until 30 June 2019, Peter was Deputy Chairman of The Myer Family Investments Ltd. He has been a Director of the Royal Children’s Hospital and the Australian Chamber Orchestra, Asialink, Publishing and Broadcasting, Crown Ltd, Foxtel Ltd, The Nine Network, Ninemsn, Ticketek, Veda Ltd, Oceania Capital Partners Ltd, the National Portrait Gallery, The Melbourne International Arts Festival, Centre for Independent Studies, MOKO.mobi and the Australia-Japan Foundation.

In the June 2011 Queen’s Birthday Honours, Peter was awarded a Member of the Order of Australia for service to education, to the financial services industry and to a range of arts, science and charitable organisations and in 2017 was made a Fellow of the Australian Academy of Technology and Engineering (ATSE). He has also recently been awarded the Australian Academy of Science Medal for 2019.

Geoff was appointed to the AIA Australia Ltd (AIA) Board as an independent director in November 2019, as well as to the Board Audit Committee and Board Risk & Compliance Committee.

Geoff has over 30 years’ experience in the Financial Services industry. His initial career included 15 years at MLC in a range of actuarial, product management and distribution management roles. His last role at MLC included responsibility for all of MLC’s distribution channels and activities, reporting to the Group CEO.

In 1999 Geoff spent 2 years at Tillinghast – Towers Perrin advising a range of financial services clients on strategy and distribution management initiatives.

From 2001 to 2006 Geoff joined the Commonwealth Bank of Australia (CBA). Geoff held various Executive General Manager (EGM) roles during his time at CBA including EGM Financial Planning and Advice Services, EGM Mortgage and Investments, EGM Lending Products and EGM Retail Products.

In 2007 Geoff provided strategic consulting to the CEO of ING Direct Australia, and has since pursued private business interests.

In July 2013, Geoff was appointed as an Independent Director of Commonwealth Insurance Ltd (CIL), as well as to the Audit Committee and Risk Committee of CIL. Geoff was appointed Chairman of the Board in July 2014.

Geoff also spent 7 years on the Board of the Colonial Mutual Life Assurance Society Ltd (“CMLA”); Geoff was a member of the Audit Committee and Risk Committee of CMLA and served as Chairman of the Board from 2014 - 2019.

Geoff holds a Bachelor of Economics (Actuarial Studies) from Macquarie University, is a Fellow of the Institute of Actuaries of Australia, a Fellow of the Financial Services Institute of Australasia (FINSIA), and a Member of the Australian Institute of Company Directors (AICD).

Independent Non-Executive Director
B.Com (Melb), MBA (Melb), FCA, FAICD

Jane was appointed as an Independent Director of AIA Australia Ltd on 1 January 2022.  She is responsible for chairing the Board Audit Committee, and is a member of both the Board Risk & Compliance Committee and the Board Remuneration Committee. Jane is currently an Independent Director of a number of subsidiaries of Insignia Financial Ltd, where she chairs Audit and Risk Committees, and is on the Board of the Marian & EH Flack Trust.

Jane has served on a number of Boards in the past, where she has held the position variously of Chair of Audit, Risk and Remuneration Committees.  Past listed Boards include IOOF Holdings Ltd, DuluxGroup Ltd, UGL Ltd, David Jones Ltd and DUET Finance Ltd.  Other prior Boards include BUPA Aust & Pac, Medibank Private Ltd, Colonial Foundation Ltd, Orygen Youth Mental Health, the Alfred Hospital, the Royal Flying Doctor Service, Rural Finance Ltd, Telecommunications Industry Ombudsman and the Legal Services Board.  Other positions have included as a Councillor for the Australian Institute of Company Directors (Vic) and a member of the ASIC Non Executive Advisory Panel.  Prior to developing a portfolio of Board positions, Jane was a Partner at PricewaterhouseCoopers.

Damien Mu is the CEO and Managing Director of AIA Australia. Damien’s career at AIA Australia began in 2007, and he was appointed to the role of CEO in 2014. Damien has more than 20 years’ experience in the Australian financial services industry, with management experience spanning life and health insurance, superannuation and investments. Over this time, Damien has also developed insight into the importance of wellbeing and is a strong advocate for positive physical and mental health.

In 2014 the company launched AIA Vitality, a world leading health and wellbeing program, to the Australian market. New Zealand was added to his responsibilities for the period of July 2016 to January 2022 and in July 2017, AIA and its partners launched AIA’s health insurance business, now known as AIA Health.

In September 2017, AIA announced the acquisition of the Colonial Mutual Life Assurance Society Limited and a strategic bancassurance arrangement with the Commonwealth Bank of Australia, subject to regulatory approvals. In July 2018, AIA completed its acquisition of Sovereign Assurance Company Limited (now AIA New Zealand), and entered into a strategic bancassurance arrangement with ASB Bank, in New Zealand.

Damien is married to Simone and has two children, Bailey and Kai. He is passionate about inspiring people to be their best and leading a purpose led organisation that makes a difference and champions healthier, longer, better lives.

In 2021 Damien was awarded Insurance Leader of the year at the Australian and New Zealand Institute of Insurance and Finance (ANZIIF) Insurance Industry Awards. Damien has also previously been awarded Shared Value Champion at the Shared Value Awards and the AB+F Australian Insurance Executive of the Year. He holds a number of directorships including the Financial Services Council (FSC) and ANZIIF; he is co-Chair of the FSC Life Board Committee and an Advisory Board member of the Shared Value Project. 

Stuart is a member of the Group Executive of AIA Group Ltd, responsible for the Group’s marketing initiatives, customer propositions and AIA Vitality. He is a director of various companies within the Group. Stuart re-joined AIA in May 2017 from Zurich Insurance Group, where he was most recently the interim CEO, Asia Pacific. Prior to that he was Chief Executive Officer, General Insurance, Asia Pacific for Zurich Insurance from 2013 to 2016. Stuart was with the American International Group from 1996 to 2009, during which time he held a number of senior positions including leading their Accident & Health General Insurance operations in Latin America and the Caribbean and President – Accident and Health Worldwide. Stuart was also the Global Head and COO, Worldwide Life, Accident & Health, for Chubb Insurance. He is an alumnus of the Harvard Business School, The Fletcher School of Law and Diplomacy and Brandeis University.

Leo is the Regional Chief Executive and Group Chief Strategy Officer responsible for the Group’s businesses operating in Australia, New Zealand, and Indonesia as well as leading the Group’s Strategy and Corporate Development functions. Leo is a member of the Group Executive Committee. He joined the Group in January 2022.

Prior to joining the Group, Leo was President of Asia for Sun Life. Before joining Sun Life, He was at Bridgewater Associates, a global hedge fund, where he led the team that managed portfolio construction and trade generation for all the funds. He also spent 15 years at McKinsey & Company and led the global client service teams serving several multinational insurers as Senior Partner. Leo has a Master of Science in Aeronautics and Astronautics from the Massachusetts Institute of Technology and a Bachelor of Engineering in Mechanical Engineering (Hons) from McGill University.