QBE’s Revamped Executive Team Includes Singh as CFO, Swiss Re’s Grewal as CRO

April 12, 2018

QBE Insurance Group Ltd. announced a reshaping of the senior management team with the appointments of Inder Singh as group chief financial officer, replacing Michael Ford who is leaving QBE; Peter Grewal as group chief risk officer; Liam Buckley as group head of Culture and Talent; Matt Mansour as group chief information officer, and Anders Land as group head of Internal Audit.

Inder Singh is currently the chief financial officer for QBE’s Australian & New Zealand Operations. He joined QBE in 2015 as group head of Corporate Development and was later appointed as group head of Financial Planning and Analysis before taking on the role of chief financial officer in the Australian & New Zealand Operations. Before joining QBE, Singh was the group corporate development and M&A director for Aviva and prior to that was the executive director, Financial Institutions Group, UBS Investment Bank, London. He is a qualified chartered accountant with more than 20 years’ experience in commercially oriented roles in large multi-national financial institutions. He will be based in the company’s head office in Sydney.

Peter Grewal has been appointed as group chief risk officer, joining QBE from Swiss Re where he held the role of chief risk officer, Reinsurance, since 2014 with a global remit covering property and casualty and life and health reinsurance. Prior to this, he held executive roles in internal audit including head of group Internal Audit for Swiss Re, head of Internal Audit for Scottish Re and head of audit for HSBC (Bank of Bermuda). Grewal will join QBE in July 2018 and will be based in the company’s head office in Sydney.

After Grewal takes up his position with QBE, Liam Buckley (currently interim group chief risk officer) will take on a new position as group head of Culture and Talent. Buckley joined QBE in 2014 as group head of Internal Audit. Prior to joining, he was general manager, Innovation Investments and Strategy at the Commonwealth Bank of Australia. He has more than 25 years’ experience working across a broad range of industries.

Matt Mansour will be joining QBE as group chief information officer from Barclays where he is the chief technology information security officer. Prior to joining Barclays in 2015, Mansour worked for General Electric for more than 12 years in a number of senior roles in Australia and New Zealand including supporting GE Capital. Most notably he was head of Business Transformation and Digital, managing director GE Capital Digital and group chief information officer. Mansour will join QBE in late 2018 and will be based in London.

Anders Land has been formally appointed as group head of Internal Audit after eight months acting in this role. Land has almost 20 years’ experience working in insurance in the U.S. Before joining QBE as the senior vice president and head of Internal Audit for QBE’s North America Operations, he held senior roles across risk and compliance at AIG and MetLife. His appointment is effective immediately.

“We have commenced an accelerated reshaping of the company’s strategic focus to create a stronger and simpler QBE,” said Pat Regan, group chief executive officer.

“This includes a prioritization of ‘Brilliant Basics’ – improving underwriting quality, pricing and claims handling in every market in which we operate and every product we underwrite,” Regan added. “To deliver this plan we need a senior management team with deep insurance expertise and the capabilities required to build on QBE’s strengths and to deliver excellence across the group consistently.”

He said he was confident that these appointments will assist “in delivering on our priorities in 2018 and beyond.”

Source: QBE Insurance

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