BEc (Hons) PhD (Econ), ANZIIF Fellow, CIP, GAICD
Dr Wallace was appointed as CEO of ARPC from 9 December 2013.
He has vast experience in the insurance sector in general insurance, health insurance and reinsurance, and has worked extensively in all operational insurance areas including underwriting and claims management roles within insurers, and as a consultant.
Dr Wallace has held senior roles with GIO General Insurance, EY, and HCF (the Hospitals Contribution Fund of Australia) and is presently a non-executive director at MIPS Insurance Pty Ltd, a medical indemnity insurer.
He has a doctorate in economics specialising in insurance pricing and insurance strategy.
BE, AMP (Wharton), ANZIIF Fellow, CIP, MIE (Aust)
Chief Underwriting Officer
Mr Pennell is responsible for liaising with over 200 insurers, negotiating the scheme’s $3 billion retrocession program and developing innovative loss estimation models. He has written extensively on reinsurance and management.
An alumni of The Wharton School of Business, Mr Pennell also holds a degree in Civil Engineering and is a Fellow or the Australian and New Zealand Institute of Insurance and Finance.
In 2017, he was awarded the Public Service Medal as part of the Australia Day Honours List, announced by the Governor-General of Australia.
B.Ec, MBA (Exec), CA, ANZIIF (Fellow) CIP, GAICD
Chief Financial Officer
John is a Chartered Accountant and has more than 20 years’ experience as a finance executive in the insurance and reinsurance industry. John joined ARPC in June 2016. John’s career includes previous roles as Finance Manager for Gen Re, Financial Controller for HCF, CFO for MGIC, and Financial Controller for Munich Re Australia’s direct insurance business.
John oversees the finance, investments, enterprise risk and crisis response, insurance audit and human resources teams.
John holds a Bachelor of Economics from Macquarie University and an Executive MBA from AGSM at the University of New South Wales. He is also a Chartered Accountant, a Fellow and Certified Insurance Professional and ANZIIF and a Graduate of the Australian Institute of Company Directors.
Acting Chief Operating Officer
Janice Nand has been appointed Acting COO while ARPC completes the recruitment process for a Chief Strategy and Operating Officer.
Ms Nand joined ARPC as Senior Manager, Governance and Compliance in February 2019 from the Royal Commission into Misconduct in the Banking, Superannuation and Financial Services industry where she worked as a Director, Report, focusing on project management and providing strategic advice and team leadership. Before her role with the Royal Commission, she worked as a Partner with HWL Ebsworth Lawyers in Canberra and with Sparke Helmore and Moray and Agnew Lawyers in Sydney.