ICA announces another board reshuffle

ICA announces another board reshuffle | Insurance Business

ICA announces another board reshuffle
The Insurance Council of Australia (ICA) has announced another board reshuffle, following two earlier moves.

The industry body has appointed Anthony Day, chief executive officer of insurance at Suncorp, as president and chairman of the board, while Richard Enthoven, CEO of The Hollard Insurance Company, has been appointed deputy president.

Pat Regan, group CFO and CEO of Australian & New Zealand operations at QBE, has also joined the board as a director.

The move comes as acting president Niran Peiris, managing director of Allianz Australia, stepped down from his role. He will move to Germany and become part of the global management board of Allianz.

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Peiris will remain on the board as a director.

Peiris moved into the acting president role earlier this year when Colin Fagen, formerly group chief operations officer at QBE, stood down following his departure from the major insurer.

“Anthony and Richard represent companies with diversified insurance portfolios and different business models – a long-established major insurer and a rapidly growing challenger brand,” Rob Whelan, ICA CEO said.

Day and Enthoven have been appointed for a term of two years.

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