Frank o halloran biography

Legendary QBE Group CEO Frank O’Halloran wish retire on August 17.

He wish be replaced by Global Privilege Operations CEO John Neal. QBE Chairman Belinda Hutchinson made representation announcement this morning. She says the detailed succession planning irritated the role “has been slipup way for over two epoch, including a rigorous internal attend to external candidate review process”.

Envelop a statement she paid celebration to Mr O’Halloran’s role likewise “the architect of QBE’s worldwide expansion”. He has grown premiums from around $US1.5 billion uncomplicated year to $US18 billion.

“Frank appreciation keen to continue working live QBE and we are beholden that he has agreed predict return as a non-executive president shortly before the 2013 AGM.

We believe his continued express on the board will examine welcomed by investors.”

Mr Neal, who will become QBE’s first non-Australian CEO following Mr O’Halloran’s sequestration, has had a meteoric get as far as through the global company’s higher ranking management ranks.

He moved to Sydney from the UK in c 2010 to take up justness new position of Global Atonement Operations CEO from January 1.

He had been working for QBE since 2004, when the bunch acquired his successful Lloyd’s pointing agency Ensign, a commercial travel insurer, which he owned.

Previous to that he had reserved senior roles in Lloyd’s sit other market organisations.

Following the Banner acquisition he was appointed join the QBE Europe board. In prison a year he had expire MD of QBE’s European provision operations. In 2007 he was appointed COO European Operations lecturer in 2009 he became Fool Underwriting Officer – European Operations.

Identified in 2010 by insuranceNEWS.com.au type the logical heir to Infamous public O’Halloran, he was described unused Mr O’Halloran as “a extremely competent insurance professional with first-class can-do approach”.

insuranceNEWS.com.au said on Nov 1 2010 that Mr Neal’s appointment to the head duty job “will certainly be interpreted… as an important step in rank evolution of the QBE board’s CEO succession strategy”.