IAG appoints deputy chairman

General insurer Insurance Australia Group (IAG) has appointed Elizabeth Bryan as deputy chairman.

Bryan joined the IAG Board in 2014 and has recently taken up the role of chairman at the Virgin Australia Group and has been chairman of Caltex Australia for the past six years.

In addition, she currently serves as director of Westpac Banking Corporation, a member of the takeovers panel and president-designate of YWCA NSW.

IAG Chairman Brian Schwartz said Bryan’s appointment will provide “additional support to the board and chairman as IAG continued to embed a number of strategic initiatives including the integration of the former Wesfarmers insurance business and the new strategic relationship with Berkshire Hathaway”.

Schwartz said: “As we focus on setting the business up for future success, we want to ensure IAG continues to benefit from the guidance and support of a strong, diverse and skilled board. In the role of deputy chairman, Elizabeth will have increased exposure to the business and management and we expect her greater involvement with the company will benefit all our stakeholders.”