QBE European Operations plc

QBE European Operations plc Annual report 2011 36
Audit committee *
Brian Pomeroy
Age 67
Brian was appointed to the boards of QBE
Insurance (Europe) Limited and QBE
Underwriting Limited in January 2006. He is
also a director of QBE Reinsurance (Europe)
Limited. He was formerly Senior Partner of
Deloitte Consulting and now holds a number
of public, voluntary and private sector
appointments, including non-executive director
of the Financial Services Authority and member
of the Financial Reporting Review Panel.
Peter Grove
Age 62
Peter joined the board when QBE EO acquired
Limit Underwriting Limited in 2000 and was
appointed Chief Underwriting Officer of QBE EO
in 2004. He has worked in the London insurance
and reinsurance market since 1966 and was a
lead underwriter on reinsurance and retrocession
business for more than 30 years. He retired as
an executive director at the end of 2009, but
remains on the boards of QBE Insurance (Europe)
Limited and QBE Underwriting Limited. He is a
member of the Lloyd’s Market Supervision and
Review Committee.
Philip Olsen
Age 66
Philip is a non-executive director of QBE
Underwriting Limited (formerly Limit Underwriting
Limited) and was appointed to the board of
QBE Insurance (Europe) Limited in February
2005. He is also a director of QBE Reinsurance
(Europe) Limited and Secura NV. He is a
member of the Securities Institute and, from
1969 to 1990, was an investment analyst and
partner at stockbroker Kitcat & Aitken. He is
also a director of Marketform Managing
Agency Limited.
Howard Posner
Age 55
Howard was appointed as a non-executive
director of QBE Insurance (Europe) Limited
and QBE Underwriting Limited in 2006. He
is also a non-executive director of a number
of companies in the financial services sector.
He was Managing Director of HBOS General
Insurance for 11 years, before which he worked
in the London reinsurance market.
Charles Irby FCA
Age 66
Charles was appointed as an independent
non-executive director of QBE Insurance Group
in June 2001 and is a member of QBE EO’s
audit committee. He is a director of Great
Portland Estates plc and North Atlantic Smaller
Companies Investment Trust plc. He is also
a trustee and governor of King Edward VII’s
Hospital Sister Agnes.
Non-executive membership of the board
and committees
Brian Peter Philip Howard Charles
Pomeroy Grove Olsen Posner Irby
QUL ● ● ● ●
QIEL ● ● ● ●
Secura NV
●
QBE Re ● ●
Audit committee ● ● ● ● ●
Investment
committee
●
Underwriting and
RI review committee ●
* The members of the Audit committee are not on the board of QBE EO plc but are directors of the regulated subsidiaries as shown in the table.