Appointments to the Private Health Insurance Administration Council
Announcement of appointments to the Private Health Insurance Administration Council, the authority responsible for regulating the private health insurance industry.
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18 March 2005
ABB026/05
I am pleased to announce appointments to the Private Health Insurance Administration Council, the authority responsible for regulating the private health insurance industry.
A current member of the council, Mr Peter Annand, has been appointed Deputy Commissioner of the council for the remainder of his term.
Mr John McGee has been appointed as a member of the council, and Ms Rebecca Davies re-appointed to the council. Both of their terms are for three years.
The role of the council is to ensure that private health insurers remain prudentially sound; administer the Health Benefits Reinsurance Fund; approve the registration, de-registration and merger of private health insurers; and collect and disseminate financial and statistical information.
Mr Annand is a Rhodes Scholar who has more than 20 years experience of mergers and acquisitions in a variety of industries and in equity and debt capital markets on behalf of major Australian and international corporations. He also brings to the council substantial audit and investment committee experience. Mr Annand succeeds Mr Graham Rogers as the Deputy Commissioner of the council.
Mr McGee has qualifications in economics and law and is a solicitor of the Supreme Court of New South Wales. He has considerable experience as a senior manager in the Australian banking and mortgage sectors and his appointment will broaden the skills of the board.
Ms Davies has been a partner of the law firm Freehills since 1983, and has more than 20 years of specialised commercial litigation experience. She has contributed significantly to the work of the council since her appointment in 2002 and is highly respected in the industry.
As a long serving member of the council, including most recently as Deputy Commissioner, Mr Rogers has played a significant role in monitoring and regulating the private health insurance industry.
For more information call Mr Abbott's office on ph 02 6277 7220.
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