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Genworth Financial Elects Steven Van Wyk to Board of Directors

Genworth Financial has elected Steven C. Van Wyk to its Board of Directors, increasing the membership to ten. His expertise in technology and executive leadership is expected to enhance Genworth’s strategy and service. He will stand for election at the 2025 Annual Meeting of Stockholders.

Genworth Financial, Inc. (NYSE: GNW) has elected Steven C. Van Wyk, former Group Chief Information Officer at HSBC Bank PLC, to its Board of Directors, effective immediately. His appointment increases the Board’s membership to ten. Van Wyk will stand for reelection at the Genworth Annual Meeting of Stockholders set for May 22, 2025.

Melina Higgins, the non-executive Chair of the Board, noted, “Steve brings deep technology, business transformation, and executive leadership expertise to the Genworth Board.” Tom McInerney, the President and CEO, added that Van Wyk’s technical knowledge will be crucial as the company implements new AI technologies and enhances services for customers.

With extensive experience in the banking and insurance sectors, Van Wyk has led significant technology transformations. Before his retirement in 2024, he served as CIO at HSBC, PNC Bank, ING Bank, ING Insurance, and Morgan Stanley, combining strong IT leadership with deep financial expertise.

Genworth Financial is dedicated to empowering families to navigate the aging process confidently. Based in Richmond, Virginia, the company provides services to guide families through caregiving options and long-term care funding. Genworth is also the parent company of Enact Holdings, Inc. (Nasdaq: ACT), a major U.S. mortgage insurance provider.

This announcement includes forward-looking statements as defined by the Private Securities Litigation Reform Act of 1995, indicating management’s expectations which may change due to various uncertainties and risks.

Steven C. Van Wyk’s election to Genworth’s Board is positioned to enhance the company’s service and strategy with his extensive technology and leadership experience. His involvement aims to drive improvements in customer service and technological advancements. Genworth continues to focus on empowering families regarding long-term care.

Original Source: www.businesswire.com

Clara Lopez

Clara Lopez is an esteemed journalist who has spent her career focusing on educational issues and policy reforms. With a degree in Education and nearly 11 years of journalistic experience, her work has highlighted the challenges and successes of education systems around the world. Her thoughtful analyses and empathetic approach to storytelling have garnered her numerous awards, allowing her to become a key voice in educational journalism.

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