QBE Insurance has appointed Inder Singh, who is currently CFO of its Australian and New Zealand Operations, as the division’s interim CEO.

The appointment will come into effect next Wednesday. It has been made to cover the period between the time Australia and New Zealand CEO Pat Regan takes over from Group CEO John Neal and the appointment of a full-time divisional CEO.

QBE says the search for a permanent CEO for the division has commenced, “but given it’s unlikely a replacement will be found before Mr Regan commences his new role, an interim solution has been implemented for the transition period”.

Mr Regan said in a statement issued late today that the appointment of a permanent Australia and New Zealand Operations CEO will be one of his top priorities. He says progress has already been made in seeking out suitable candidates.

More details in our regular bulletin on Monday.