27 February 2017

QBE appoints Aviva Europe CEO as group chief operations officer

QBE Insurance Group has appointed David McMillan as group chief operations officer, and Victor Walter as deputy group chief financial officer (CFO).

The company also announced that Pat Regan will remain as the acting group CFO. The company has been looking for a permanent group CFO since December 2016, but the search is still underway. Regan will take up the role in the interim until a replacement is found, in addition to his permanent role as CEO of Australian and New Zealand operations.

McMillan will be based in the company's London office, and join in the latter part of 2017.

McMillan joins QBE from Aviva where he has most recently served as CEO of Aviva Europe and chairman of Global Health Insurance. Prior to joining Aviva in 2002, he worked for PwC.

John Neal, group chief executive officer, said: "David's experience and track record see him well-qualified to lead QBE's operations, claims and technology activities.”

As CEO of Aviva Europe, David led the division through a major four-year turnaround, galvanising distribution and improving the product offering. Immediately prior to this, David was transformation director, working closely with the group chairman to build the turnaround plan for Aviva globally.

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