The appointment comes as part of a recent restructure of the Australian insurance firm to create a more aligned and customer-focused business.

Sydney-based business insurance provider QBE has appointed Jason Hammond as CEO of its Asia operations, the firm announced in a press release on Thursday.

Hammond was previously interim CEOfor QBE North Asia. In his new role, Hammond will be in charge of markets such as Singapore, China, Macau, Hong Kong, Malaysia and Vietnam. He will be based in Singapore and reports to Richard Pryce, CEO of QBE International.

Streamlined Operations

«Jason brings extensive experience of managing large teams and a proven track record of strategic and operational management to his new role as Asia CEO. He will lead the new Asia structure across geographical and functional lines to help create a stronger and simpler QBE,» Pryce said about the appointment.

QBE announced in October that it would streamline its business divisions to help build a more agile and customer-centred company moving forward, central to which is the newly created QBE International Division comprising its European and Asia operations, effective 1 January.