Medical indemnity insurer Avant Mutual says Adrian Urquhart will take over as CEO from the start of October.

The current CFO will succeed Natasha Fenech, who is leaving to pursue a career as a non-executive director.

“Adrian is an exceptional leader who shares our passion for supporting medical professionals, and I have complete confidence in his ability to guide Avant into its next chapter,” Ms Fenech said last week.

Before joining Avant, Mr Urquhart held leadership positions at property development business TOGA Group and at AMP. Across his career, he has led a range of finance functions and teams in strategy, operations, risk management, procurement, workforce planning and product management.

Mr Urquhart says Avant’s strategy of diversifying its services while strengthening the core medical indemnity offering has delivered “exceptional results” for members.

“Our doctors face increasingly complex challenges, and I am committed to ensuring Avant continues to evolve and innovate to meet their needs,” he said.