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QBE unveils senior management shake-up

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QBE says Group CFO Michael Ford is leaving the company and the top finance role will be filled by Inder Singh, currently Australian and New Zealand CFO, as part of wider senior management changes.

Mr Ford, previously Deputy CFO with the Commonwealth Bank, was named CFO in May and joined the group in September.

In other changes, QBE has appointed Peter Grewal Group Chief Risk Officer, joining QBE from Swiss Re, while Liam Buckley, currently Interim Group Chief Risk Officer, will take on a new position as Group Head of Culture and Talent.

Matt Mansour was named Group Chief Information Officer, moving from Barclays where he is the Chief Technology Information Security Officer, and Anders Land was formally appointed Group Head of Internal Audit after eight months acting in the role.

Group CEO Pat Regan says the company has started an accelerated reshaping of its strategic plan to create a stronger and simpler QBE.

“To deliver this plan we need a senior management team with deep insurance expertise and the capabilities required to build on QBE’s strengths and to deliver excellence across the group consistently,” he said.

“I would like to congratulate Inder, Peter, Liam, Matt and Anders on their appointments and thank Michael for his time at QBE.”

Mr Regan says the search for a new Chief Underwriting Officer and a new Group Executive role is “progressing well”.

New Group CFO Mr Singh has been with the company since 2015, when he joined as Group Head of Corporate Development. He was later appointed Head of Financial Planning and Analysis before taking on the local division CFO role.

More details in our regular bulletin on Monday.