QBE, business insurance specialist, has announced that it has appointed Wai Au as a Non-Executive Director of its two principal UK regulated insurance entities, namely QBE Underwriting Limited (Lloyd’s operations) and QBE Insurance (Europe) Limited (UK Company market and European branch operations). She took up her new appointment on 6 June 2012.
Wai Au has over 20 years’ executive level experience in commercial and retail insurance lines, corporate and retail banking, life and pensions and management consultancy.
The company has also announced that Howard Posner, Non-Executive Director of QBE European Operations plc since 2006 retired from the boards on 6 June 2012.
Commenting on Wai Au’s appointment, Steven Burns, Chief Executive of QBE European Operations said: “We are delighted to welcome Wai to the UK statutory boards of QBE European Operations. Her extensive experience across both the front and back offices of a number of global financial services and insurance organisations makes her ideally qualified to add value to our ongoing challenge to grow and diversify our business profitably across Europe.”
Burns added : “I would also like to thank Howard for his valuable contribution to QBE’s development and success over the past 6 years and wish him well in the future.”
