Powered by MOMENTUM MEDIA
realestatebusiness logo

Subscribe to our newsletter

Genworth announces board reshuffle

The ASX-listed mortgage insurer has announced the resignation of a non-executive director and the outgoing member’s replacement.

Genworth Mortgage Insurance Australia Ltd has announced that Jerome Upton has resigned as a non-executive director, effective as of 8 September 2020.

Mr Upton has served on the group’s board since February 2012 and was a member of Genworth’s audit committee, risk committee, capital and investment committee, and technology committee.

The former non-executive director has been replaced by Rajinder Singh, who assumed the role on 9 September.

Mr Singh has filled Mr Upton’s position as a designee for group subsidiary Genworth Financial.

Advertisement
Advertisement

The new appointee has over 20 years of experience in risk management and global financial services, and has served as chief risk officer of global mortgage insurance at Genworth Financial since 2014.

Mr Singh also serves on the boards of India Mortgage Guarantee Corporation Private Ltd and of Genworth Seguros de Credito a la Vivienda, S.A. de C.V. in Mexico.

The new non-executive director holds a master of business administration in finance from the University of Rochester’s Simon Business School, a master of science in mechanical and aerospace engineering from Rutgers University, and a bachelor of technology in mechanical engineering from the Indian Institute of Technology, Kanpur.

 

Genworth announces board reshuffle
Genworth announces board reshuffle
>Genworth Mortgage Insurance Australia Ltd has announced that Jerome Upton has resigned as a non-executive director, effective as of 8 September 2020.

Mr Upton has served on the group’s board since February 2012 and was a member of Genworth’s audit committee, risk committee, capital and investment committee, and technology committee.

The former non-executive director has been replaced by Rajinder Singh, who assumed the role on 9 September.

Mr Singh has filled Mr Upton’s position as a designee for group subsidiary Genworth Financial.

The new appointee has over 20 years of experience in risk management and global financial services, and has served as chief risk officer of global mortgage insurance at Genworth Financial since 2014.

Mr Singh also serves on the boards of India Mortgage Guarantee Corporation Private Ltd and of Genworth Seguros de Credito a la Vivienda, S.A. de C.V. in Mexico.

The new non-executive director holds a master of business administration in finance from the University of Rochester’s Simon Business School, a master of science in mechanical and aerospace engineering from Rutgers University, and a bachelor of technology in mechanical engineering from the Indian Institute of Technology, Kanpur.

 

Genworth announces board reshuffle
Genworth announces board reshuffle
mortgagebusiness

Latest News

The chief executive and executive director of Westpac Life is set to become the new CEO of Heartland Bank. ...

Wages growth has slightly lifted, up to its highest annual rate since 2018, with all eyes now shifting to watch for what the Reserve Bank do...

ANZ has shifted its forecasts around the housing market, expecting rising mortgage rates to drag prices by 3 per cent this year. ...

VIEW ALL

Join Australia's most informed brokers

Do you know which lenders are providing brokers and their customers with the best service?

Use this monthly data to make informed decisions about which lenders to use. Simply contribute to the survey and we'll send you the results directly to your inbox - completely free!

What is the maximum proportion of income borrowers should use to service a mortgage?

Website Notifications

Get notifications in real-time for staying up to date with content that matters to you.