QBE Australia & New Zealand Names Prudential Plc’s Baxter as CRO

QBE Australia and New Zealand announced that Mark Baxter has been appointed to the position of chief risk officer.

Baxter has recently returned from the UK where he was Prudential’s chief risk officer for the UK and Europe and an executive committee member.

Prior to this, Baxter was responsible for the global financial risk and actuarial function across the UK, South Africa and North America with the Old Mutual Group and has also held a number of executive positions at Commonwealth Bank of Australia (CBA) and Australian Prudential Regulatory Authority (APRA).

He replaces Anna Gould, who takes on the new position of head of Claims Technical and Governance for QBE Australia and New Zealand, “where she will bring greater rigor to the risk culture in claims,” said QBE in a statement.

“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,” said QBE Chief Executive Officer Pat Regan.

“His extensive experience will guide us to further strengthen our risk management practices and reinforce a sound risk management culture,” he said.

Source: QBE Australia and New Zealand

Related:

• QBE Insurance Group Names Regan CEO, Australia & New Zealand Operations
• People Are Key to a CFO’s Success: QBE’s Group CFO Regan

Topics Australia