DIRECTORS' REPORT
The Directors present their report together with the financial report of Insurance Australia Group Limited and the consolidated financial
report of Insurance Australia Group Limited and its subsidiaries for the financial year ended 30 June 2015 and the Auditor's Report
thereon.
The following terminology is used throughout the financial report:
IAG, Parent or Company - Insurance Australia Group Limited; and
Group or Consolidated - the Consolidated entity consists of Insurance Australia Group Limited and its subsidiaries.
DIRECTORS OF INSURANCE AUSTRALIA GROUP LIMITED
The names and details of the Company's Directors in office at any time during or since the end of the financial year are as follows.
Directors were in office for the entire period unless otherwise stated.
CHAIRMAN
BRIAN (BM) SCHWARTZ AM
FCA, FAICD, age 62 - Chairman and Independent Non-Executive Director
INSURANCE INDUSTRY EXPERIENCE
Brian was appointed a Director of IAG in January 2005 and became Chairman in August 2010. He is Chair of IAG's Nomination
Committee and a member of the People and Remuneration Committee. He is also the Chairman of Insurance Manufacturers of
Australia Pty Limited.
OTHER BUSINESS AND MARKET EXPERIENCE
Brian is the Deputy Chairman of Westfield Corporation, Deputy Chairman of Scentre Group and the Deputy Chairman of the Board of
Football Federation Australia Limited.
He was the Chief Executive of Investec Bank (Australia) Ltd from 2005 to 2009. Previously he was with Ernst & Young Australia from
1979 to 2004, becoming its Chief Executive in 1998. He was a member of Ernst & Young's Global Board and Managing Partner of the
Oceania area.
Brian was appointed a member of the Order of Australia in 2004 for his services to business and the community and in 2001 he was
named Leading CEO for the Advancement of Women by the Equal Opportunity for Women in the Workplace Agency.
Directorships of other listed companies held in the past three years:
Westfield Group, including Westfield Management Limited (which acts as the responsible entity of Carindale Property Trust), since
6 May 2009;
IAG Finance (New Zealand) Limited (a part of the Group), since 26 August 2010;
Scentre Group, since 20 June 2014; and
Brambles Limited (2009-2014).
MANAGING DIRECTOR
MICHAEL (MJ) WILKINS
BCom, MBA, FCA, FAICD, age 58 - Managing Director and Chief Executive Officer
INSURANCE INDUSTRY EXPERIENCE
Michael was appointed Managing Director and Chief Executive Officer of IAG in May 2008. He has more than 30 years experience in
the insurance and financial services sector and is a member of the Australian Government's Financial Sector Advisory Council.
Michael was formerly the Managing Director of Promina Group Limited (from 1999 to 2007), and Managing Director of Tyndall
Australia Limited (from 1994 to 1999). He is a former Director and President of the Insurance Council of Australia and a former
Director of the Investment and Financial Services Association (now the Financial Services Council).
OTHER BUSINESS AND MARKET EXPERIENCE
In May 2014, Michael was appointed as a Director of The Geneva Association, the leading international insurance think tank for
strategically important insurance and risk management issues. He is also a Director of Maple-Brown Abbott Limited.
Directorships of other listed companies held in the past three years:
IAG Finance (New Zealand) Limited (a part of the Group), since 28 May 2008.
2 IAG ANNUAL REPORT 2015
