New CEO for QBE

chief-executive/annual-general-meeting/australian-securities-exchange/chairman/

28 February 2012
| By Staff |
image
image
expand image

The long-standing chief executive of big general insurer QBE, Frank O'Halloran, is to retire in August and will be succeeded by the chief executive of the company's global underwriting operations, John Neal.

The changes were announced to the Australian Securities Exchange today by QBE chairman Belinda Hitchinson, who said that a six-month handover period had been initiated.

O'Halloran has been at the helm of QBE for 14 years.

Hutchinson said detailed succession planning for the group chief executive role had been underway for over two years, including a rigorous internal and external candidate review process.

She said O'Halloran had agreed to return as a non-executive director before the 2013 annual general meeting.

Read more about:

AUTHOR

Recommended for you

sub-bgsidebar subscription

Never miss the latest news and developments in wealth management industry

MARKET INSIGHTS

So we are now underwriting criminal scams?...

2 months ago

Glad to see the back of you Steve. You made financial more expensive, not more affordable as you claim, and presided ...

2 months ago

Completely agree Peter. The definition of 'significant change is circumstances relevant to the scope of the advice' is s...

4 months ago

Entireti has unveiled the new name for the AMP financial advice businesses that it acquired last year....

4 weeks 1 day ago

A Sydney financial adviser has been permanently banned from providing any financial services, with the regulator deriding his “lack of integrity, trustworthiness and prof...

3 weeks ago

Minister for Financial Services, Stephen Jones, has provided further information about the second tranche of the Delivering Better Financial Outcomes (DBFO) reforms....

1 week 6 days ago

TOP PERFORMING FUNDS