Everest Re appoints industry veteran to board

Everest Re Group has announced the appointment of Hazel McNeilage as an independent, non-executive member of its board of directors, effective immediately.

“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 chief executive officer.

“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.”

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, Everest said.

Serving in various executive leadership roles, she led expansion and restructuring strategies for multiple leading financial institutions across the US, Europe, Australia, South Africa, and Asia. Most recently, she 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 successfully navigated the business through the financial crisis. Earlier in her career, McNeilage served as head of investment consulting for Asia Pacific with Towers Perrin.

McNeilage has served 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 and Scholarship America, as well as the advisory board of 9th Gear Technologies.