QBE has appointed Pat Regan to the role of CEO, Australian and New Zealand operations, effective March 2017.
Regan was serving as acting CEO since August 2016 in addition to his responsibilities as group chief financial officer.
He will continue to serve as group CFO until the end of February 2017 while the company undertakes a global search for a permanent appointment to the role.
Victor Walter, who is currently CFO, Australian and New Zealand operations, will move across to be acting group CFO for the period from March 01 2017 until the incoming group CFO commences, the insurer said.
Regan would retain responsibility for group corporate development in his new role.
John Neal, group CEO, 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 CEO, Australian and New Zealand operations, will ensure QBE remains at the forefront of insurance and innovation in Australia and New Zealand.”
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