Prudential’s former chief risk officer (CRO) for the UK and Europe has taken on a new role with Australian insurer QBE.
Mark Baxter has been appointed as CRO for QBE’s Australian and New Zealand division, succeeding Anna Gould, who was named new head of claims, technical and governance for QBE Australia and New Zealand.
Prior to his role at Prudential, Baxter worked at Old Mutual Group where he took charge of its global financial risk and actuarial function across the UK, South Africa, and North America. He has also occupied a number of executive roles at the Commonwealth Bank of Australia and the Australian Prudential Regulatory Authority.
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Pat Regan, QBE executive officer, said he was delighted to welcome Baxter to the team.
“A skilled senior executive with global experience across insurance, banking, asset management, and superannuation, Mark joins us at a time of heightened scrutiny for our industry,” he said.
“His extensive experience will guide us to further strengthen our risk management practices and reinforce a sound risk management culture.”
The QBE boss also thanked Gould for her service as CRO, and said he looks forward to continuing to work with her.
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