8 October 2014

QBE Europe chairman steps down

Sir Brian Pomeroy, the chairman of QBE Europe, is stepping down. Tim Ingram, a non-executive director, succeeds him.

Ingram will now chair QBE Underwriting, QBE Insurance (Europe) and, following regulatory approval, QBE Re (Europe).

He is also chairman of the Wealth Management Association and Greencoat UK Wind. He is a member of the Takeover Panel and was Chairman of Collins Stewart Hawkpoint (now part of the Canaccord Genuity Group) until 2012.

In addition, Stuart Sinclair, who was appointed as a non-executive director in November 2013, has agreed to become the senior independent director of the above listed companies.

Sinclair was formerly president and chief executive officer (CEO) at GE Financial Services in the UK and subsequently in China and CEO of Tesco Personal Finance. He is currently a non-executive director of TSB Banking Group, Prudential Health Group and Provident Financial.

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