QBE Insurance Group Ltd. announced the appointment of Pat Regan as CEO, Australian & New Zealand Operations, effective March 1, 2017. Regan has been acting in this role since August 2016, in addition to his responsibilities as group chief financial officer.
Regan will continue to serve as group chief financial officer until the end of February 2017, with a global search now underway for a permanent appointment to this role. Victor Walter, who is currently chief financial officer, Australian & New Zealand Operations, will move across to be acting group chief financial officer for the period from March 1, 2017 until the new group CFO steps into the role.
Regan will retain responsibility for group corporate development in his new role.
John Neal, group chief executive officer, said: “We are committed to delivering results that reflect QBE’s position of leadership in our Australian home market. Pat’s broad experience and fresh perspective have proved invaluable in recent months and his full time appointment as chief executive officer, Australian & New Zealand Operations, will ensure QBE remains at the forefront of insurance and innovation in Australia and New Zealand.”
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