QBE names new local chief
QBE has promoted Jonathan Groves to the role of CEO Australia Pacific to replace the retiring Sue Houghton.
Mr Groves has more than 30 years’ industry experience and joined QBE in 2013 as chief risk officer of Equator Re. He was QBE's chief risk officer for Australia and New Zealand before being appointed CEO and MD of the Pacific business in 2024. Prior to QBE, he worked with AIG, Marsh and Aon.
Group CEO Andrew Horton says Mr Groves brings deep knowledge of QBE, its Australia Pacific business and the customers and partners it serves.
“He is well placed to build on the strong foundations of the business and continue delivering for customers, brokers, partners and shareholders,” he said.
“Australia Pacific is a strong business with a clear strategy and significant opportunities ahead. I look forward to working closely with Jonathan as we continue to build on the momentum underway across the division.”
Mr Groves will start his new role on November 1, reporting to Mr Horton. He will be based in Sydney.
“It is a privilege to be appointed Chief Executive Officer of QBE Australia Pacific,” he said today. “I am confident in the strength of this business, the expertise of our people and the value of the relationships we have with our customers, brokers and partners.”
As insuranceNEWS.com.au has reported, Ms Houghton plans to retire at the end of the year after more than five years in the role.