Insurance Commission of WA CEO Rod Whithear is to retire from the role overseeing personal injury cover for motorists and state government self-insurance arrangements.

His tenure has included a $9 billion transformation of the commission’s investment portfolio, which has contributed more than $2.3 billion in dividends and $2.2 billion in taxes to the WA government.  

Mr Whithear says his time at the helm, since 2012, “has been an extremely rewarding experience”.  

“After 25 years serving the Commonwealth government, and now 15 for the state of WA, it’s time to take a bit of a break,” he said.

“I’m proud to say that I leave the Insurance Commission in a strong financial position. The $10 billion improvement in WA government finances as the result of our work over 13 years is a great performance indicator to finish on.”  

Commission chair Rob Bransby says Mr Whithear’s contributions have been “key in turning the Insurance Commission into a self-sustaining government entity that consistently provides large dividends to government”.  

The board will work with the Public Sector Commission to select a new CEO.