QBE appoints new CEO for Australia Pacific
- QBE Insurance Group appointed Jonathan Groves as CEO for Australia Pacific, effective Nov. 1.
- Following the announcement, the QBE Insurance share price was unchanged at $23.39.
- The leadership change aims to build on divisional growth momentum across Australia, New Zealand, and the Pacific.
QBE Insurance Group (ASX:QBE) announced the appointment of Jonathan Groves as CEO for Australia Pacific, effective Nov. 1.
Groves transitions to the role after serving as Managing Director and CEO of QBE Pacific, bringing over 30 years of insurance industry experience and 13 years with the firm.
“Jonathan brings deep knowledge of QBE, our Australia Pacific business and the customers and partners we serve,” said QBE Group Chief Executive Officer Andrew Horton.
The executive appointment remains subject to customary regulatory approvals, with Groves based out of Sydney.
The internal promotion will see Groves join the Group Executive Committee and report directly to Group CEO Andrew Horton.
Following the announcement the QBE Insurance Group share price was unchanged at $23.39.
Groves previously held several senior leadership positions within the organisation, including Chief Risk Officer for Australia Pacific and Chief Risk Officer for Equator Re.
His background spans business leadership, underwriting, risk, and regulation across the broader operations of the insurer.
