Houghton leaves ICA board as retirement looms
Former QBE Australia Pacific CEO Sue Houghton has ended an eight-year spell on the Insurance Council of Australia board.
She left on October 31 ahead of her retirement from QBE at the end of the year.
Ms Houghton has been an ICA non-executive director since February 2018 and served as president from July 2020 to December 2021.
ICA says she is a respected leader in the industry and a strong voice for customers, with a distinguished career spanning more than 35 years in financial services.
Jonathan Groves joined the ICA board as a non-executive director on Sunday – the same day he succeeded Ms Houghton as QBE Australia Pacific CEO.
ICA says he has more than 30 years’ experience in insurance across business leadership, underwriting, risk and regulation.
In his 13 years with QBE, he has held senior leadership roles including chief risk officer for Australia Pacific and chief risk officer for Equator Re.