HCF Life Board

Mark J. Gallagher
Chair, Non-Executive Director

Mr Gallagher was appointed Chair of the Board of HCF Life in December 2013 having been a non-executive Director since February 2008. He is an actuary and has extensive experience in the insurance industry.

Mr Gallagher was a member of the Executive Board and Head of Product Management of Swiss Re Life & Health, one of the largest reinsurance companies in the world, and was the Chief Executive Officer of Swiss Re Life & Health Australasia from 1997 to 2000. Mr Gallagher also served as the Chief Executive Officer of Mercantile & General Australasia from 1993 to 1997.

Mr Gallagher’s most recent fulltime executive role was as a life risk specialist for the Australian Prudential Regulation Authority (APRA) from 2006 to 2008. In 2014 he was appointed a Director of Pacific Life Re (Australia) Limited.

Nancy S. Fox
Non-Executive Director

Ms Fox was appointed to the Board of HCF Life in February 2012 and is currently Chair of the Risk and Compliance Committee. She has more than 25 years’ experience in the financial services industry in Australia, Asia and the US and has held senior executive investment banking positions with Ambac Assurance Corporation, ABN Amro, AIDC Limited and Citibank. Ms Fox is a lawyer by training and was admitted to the Bars of New York and New Jersey (now retired).

Ms Fox is currently a Director of Perpetual Limited and since July 2017 the Chair of Perpetual Equity Investment Company Limited. She is a Director of the Australian Theatre for Young People, the Taronga Conservation Society Australia and the Lutheran Layperson’s League. In August 2017 she was appointed as a Director of Lawcover Insurance Pty Limited and Lawcover Pty Limited. Ms Fox has previously served as Chair of Adelaide Managed Funds Limited (a subsidiary of Bendigo and Adelaide Bank), and was a Director of APA Ethane Limited until September 2016 and Kinetic Superannuation Limited, as trustee for the Kinetic Superannuation Fund, until July 2017.

Robert J. Goaley
Non-Executive Director

After an invitation to become a non-executive Director of HCF and Manchester Unity in 2008, Mr Goaley was elected as Chair of the Board of both companies and a Director of HCF Life in November 2012. As Chair, Mr Goaley led the transformation of the Board and the introduction of a new constitution to reflect HCF’s commitment to its not-for-profit, mutual status and the need to adopt contemporary governance processes in a highly regulated and complex industry. Mr Goaley was also one of the first to commit to the Australian Institute of Company Directors’ initiative to target 30 per cent female representation on Boards and has delivered on this during his tenure.

Between 1980 and 2002, Mr Goaley held a number of roles at Manchester Unity including 15 years as one of its longest serving Chief Executive Officers. During his time as CEO he led the process of re-registration of the business, the only example of this to have occurred in the history of private health insurance, and also led its turnaround from $40M to $450M worth of net assets prior to its acquisition by HCF. Mr Goaley was also responsible for the establishment of Manchester Unity’s Retirement and Aged Care Services business which comprised over 360 retirement units and aged care beds.

Mr Goaley has extensive experience at executive, Board and Chair level in private health insurance, friendly society benefits and investment products and the provision of aged care and retirement services. He has also worked closely with government as an advisor to the Minister for Finance and Co-operatives and played an integral role in the in the rewrite of the Friendly Societies Act. He was previously a Director of the Australian Health Insurance Association, Australian Friendly Societies Association, the Australian Health Services Alliance, Sydney Credit Union, Manchester Unity Credit Union, Building and Trading, Andrew’s Laboratories and Balmain Tigers.

Catherine M. Hallinan
Non-Executive Director

Ms Hallinan was appointed to the Board of HCF Life in June 2011 and is currently Chair of the Audit Committee. She has extensive expertise across the financial services industry, spanning: insurance, investments; retail, business and institutional banking; consultancy; strategy and planning; and mergers and acquisitions.

Ms Hallinan’s former executive roles include General Manager, Wealth Strategy at St George Bank and General Manager, Investment Management and Life, at Zurich Australia, where she was also an executive of the holding company and a member of the Global Life Executive Committee. She is currently Chair of Gateway Credit Union Limited and a Non-Executive Director of St. Catherine’s Aged Care Services, Lawcover Insurance Pty Limited and Lawcover Pty Limited.

Sheena G. Jack
Executive Director

Ms Jack was appointed as Managing Director of HCF in September 2017, having held the position of Chief Executive Officer since August 2017. She was appointed as a Director of HCF Life in August 2017, a Director of the Corporate Trustee of the HCF Research Foundation in September 2017 and appointed to the Board of Manchester Unity in November 2017.

Ms Jack previously served as Chief Financial Officer at HCF from 2006, during which time she led the acquisition of Manchester Unity. In 2014  she was appointed as Chief Strategy Officer and was responsible for the development of HCF's 2020 Strategy, the strategic roadmap for the business, and the creation of HCF Catalyst, Australia's first corporate backed health technology accelerator.

Ms Jack has more than 25 years' experience as a finance professional and corporate executive across various industries including health and life insurance, banking, superannuation and wealth management. She also has extensive experience across business transformation. As Chief Financial Officer of IAG Financial Services, she had a key role in the creation of Clearview and was responsible for the business integration when they were purchased by MBF.

Ms Jack is also a Non-Executive Director of Uscom, an ASX listed medical device company.