Reinsurance News

QBE hires Fiona Larnach as Group Chief Risk Officer

15th December 2020 - Author: Katie Baker

Australian re/insurer QBE has appointed Fiona Larnach to the role of Group Chief Risk Officer.

QBELarnach has nearly 30 years of experience working across risk management, finance and treasury.

She has held a number of senior executive roles at numerous Australian and UK financial service companies, and was most recently the Chief Risk Officer for Barclays UK.

Larnach previously worked as Chief Risk Officer, Retail Banking for the Commonwealth Bank of Australia.

Prior to this, she held the position of Risk Advisory Partner at Ernst & Young consulting to insurance, banking and wealth management clients.

Larnach will join QBE in March and be based in the company’s head office in Sydney, Australia.

She will form part of the Group Executive Committee and report to Interim Group CEO, Richard Pryce.

This appointment follows Peter Grewal’s decision to return to the UK and will be subject to regulatory approval.

Pryce commented: “We have worked hard in recent years to build our risk capability with good risk management practices now firmly embedded in our day-to-day operations.”

“We are delighted to welcome Fiona to QBE. She brings a unique combination of skills and experience that will help us to further evolve our risk management practice.

“On behalf of the Group Executive Committee, I would like to thank Peter for his contribution to QBE and wish him well for the future.”

Print Friendly, PDF & Email

Recent Reinsurance News

Getting your daily reinsurance news from Reinsurance News is a simple way to receive only the reinsurance industry news that matters, delivered directly to your email inbox.

  • Only email is mandatory, but the more you tell us about yourself the better we can serve you in future!
  • This field is for validation purposes and should be left unchanged.

By submitting the form you are giving your consent to be emailed by us.

Read previous post:
Hiscox names Tom Shewry as CFO for UK business

Specialist global insurer Hiscox has announced the appointment of Tom Shewry as Chief Financial Officer for its UK business and...