QBE Insurance has announced the appointment of Inder Singh as group CFO succeeding Michael Ford who is leaving the company.
QBE has also announced further changes to its senior management team with the appointments of Peter Grewal as group chief risk officer (CRO), Liam Buckley as group head of culture and talent, Matt Mansour as group chief information officer (CIO) and Anders Land as group head of internal audit.
Singh 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 his most recent role of CFO in the Australian & New Zealand operations.
Prior to QBE, Singh was the group corporate development and M&A director for Aviva and before this he served as executive director, financial institutions group at UBS Investment Bank in London.
He boasts over 20 years’ experience in commercially-oriented roles in large multi-national financial institutions.
Grewal joins QBE from Swiss Re where he held the role of CRO, 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).
Both Singh and Grewal will be based in the company head office in Australia.
Commenting on the changes Pat Regan, group CEO said: “We have commenced an accelerated reshaping of the company’s strategic focus to create a stronger and simpler QBE. This includes a prioritisation of “Brilliant Basics” – improving underwriting quality, pricing and claims handling in every market in which we operate and every product we underwrite.”
“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. I am confident that these appointments will assist significantly in delivering on our priorities in 2018 and beyond. The search for our new group chief underwriting officer, a new group executive role, is progressing well.”
“I would like to congratulate Inder, Peter, Liam, Matt and Anders on their appointments and thank Michael for his time at QBE.”