IAG Strengthens Board with New Appointment

Insurance Australia Group Limited ( (AU:IAG) ) has provided an announcement.

Insurance Australia Group Limited (IAG) has appointed JoAnne Stephenson as an Independent Non-Executive Director to its Board, effective May 12, 2025. Stephenson brings extensive experience in financial services, risk management, and governance, enhancing the board’s capabilities in guiding IAG’s strategic direction. Her appointment is expected to strengthen IAG’s board with her expertise in finance and transformational change, potentially impacting the company’s operations and industry positioning positively.

More about Insurance Australia Group Limited

Insurance Australia Group Limited (IAG) is a leading general insurance group operating in Australia and New Zealand. The company underwrites over $16 billion in insurance premiums annually through prominent brands such as NRMA Insurance, RACV, CGU, and WFI in Australia, and NZI, State, AMI, and Lumley in New Zealand.

YTD Price Performance: -16.63%

Average Trading Volume: 3,751

Technical Sentiment Signal: Hold

Current Market Cap: $11.42B

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