QBE hires former head of insurance at HSBC for dual role

QBE has appointed Marcelo Teixeira to a dual role as the global head of bancassurance for QBE Insurance Group and the head of strategic development for the emerging markets division.

In his role as global head of bancassurance, Teixeira will be responsible for driving QBE’s strategy and growth in partnering with banks across multiple markets.

As head of strategic development for emerging markets, Teixeira will be responsible for identifying business opportunities and solutions, cross regional synergies and collaboration opportunities to support the growth of the emerging markets division.

Teixeira has over 30 years of experience in the insurance and retail banking industry, having most recently served as global head of insurance at HSBC.

Prior to that, he also served in various leadership roles with MasterCard International, Santander and Banco do Brasil.

David Fried, chief executive officer of Emerging Markets at QBE Insurance Group, said: “This leadership appointment represents another milestone in the strengthening of our senior management capabilities as Marcelo brings with him a wealth of experience in insurance and retail banking.

“He has a proven track record of growing businesses profitably in the global markets, in addition to leadership experience in strategy. We are confident that Marcelo will help drive expansion of the QBE’s global bancassurance and emerging market businesses.”