Houghton hired as QBE chief

Sue Houghton
SUSAN HOUGHTON
QBE Insurance Group Limited - Chief Executive Officer
DEPARTURE
WESTPAC BANKING CORPORATION
Date: February 2021
Position: Managing Director, Insurance
APPOINTMENT
QBE INSURANCE GROUP LIMITED
Date: February 2021
Position: Chief Executive Officer

Westpac's managing director for insurance, Sue Houghton, has been named the chief executive for QBE's Australia and Pacific divisions.

Houghton has a history of executive roles, most recently with BT/Westpac looking after life insurance, lenders mortgage insurance, and general insurance. She was the CFO with ARthur J Gallagher and held senior roles at IAG and Westfarmers.

"We are delighted to welcome Sue to QBE," said interim group chief executive Richard Pryce, who previously held the role. "She is a highly regarded insurance leader who is known for her sound judgment, resilience, and adaptability as well as for cultivating talent, fostering diverse and inclusive teams, and driving performance.

"Sue's insurance expertise, together with her experience as an executive at a major commercial lines brokerage, will be an asset to QBE, helping us continue to respond to the needs of our customers and brokers".