27 October 2017Insurance

QBE appoints interim CEO for Australian and New Zealand operations

QBE Insurance has appointed Inder Singh, currently chief financial officer of its Australian and New Zealand Operations (ANZO), as interim ANZO CEO.

The move follows the recent announcement of Pat Regan, currently ANZO CEO, taking over from John Neal as Group CEO of QBE from January 2018. Neal has stepped down after five years in the top position.

The company stated that a search for a permanent CEO for ANZO has commenced, but given it’s unlikely a replacement will be found before Regan commences his new role, an interim solution has been implemented for the transition period.

Singh will continue the momentum the ANZO business has built on financial performance and will be specifically supported in the management of the business by the two heads of distribution, Andrew Broughton, executive general manager consumer and retail partnerships and Jason Clarke, executive general manager intermediary distribution, it added.

Regan said: "I'm very confident in Inder and the wider leadership team in leading us through this transition period, continuing to focus on the great work we've been undertaking to set the business up for the future and successfully deliver on our plan for 2018 and beyond."

"With these leaders in place, we can be sure that the teams continue their focus on performance and that our customers and partners remain at the heart of what we do."

Get the latest re/insurance news sent to your inbox every day -  Sign up to our free email newsletters

Other stories from Friday's newsletter

$1.9bn nat cat hit drives Chubb into Q3 loss

EC initiates investigation proceedings against Willis, other brokers

Validus reports combined ratio of 201% for Q3, loss of $250m

Beazley taps XL Catlin and Zurich execs for specialist lines

California wildfire insured losses at up to $3bn

Aon profit falls YOY in Q3

Lloyd’s gives ‘in principle’ approval to Barbican sponsored Toa Re SPA

RGA reports ‘exceptionally good’ Q3: CEO Anna Manning

Talanx large losses exceed 2017 budget after 9 months, expects Q3 loss

JLT takes part in aviation insurance investigation

Markel estimates California wildfire losses at up to $80m

Nexus acquires specialist broker Credit Risk Solutions

XL Group appoints executive to board of directors

Don't miss our insurtech email newsletter - sign up today

Already registered?

Login to your account

To request a FREE 2-week trial subscription, please signup.
NOTE - this can take up to 48hrs to be approved.

Two Weeks Free Trial

For multi-user price options, or to check if your company has an existing subscription that we can add you to for FREE, please email Elliot Field at efield@newtonmedia.co.uk or Adrian Tapping at atapping@newtonmedia.co.uk


More on this story

Insurance
11 January 2018   QBE Insurance Group has named Vivek Bhatia as chief executive officer (CEO), Australian and New Zealand Operations (ANZO), following an extensive global search.
Insurance
29 November 2017   Re/insurer QBE Australia and New Zealand has appointed Craig Mauger to the position of regional manager, Northern Region Broker Distribution.
Insurance
13 September 2017   Australia's QBE Insurance Group has announced that its group chief executive officer John Neal is stepping down after five years in the top position.