QBE LMI’s chief executive officer Ian Graham has announced he will retire from the role in the New Year.
In a statement to the company’s business partners, Mr Graham said he would retire on February 29 2012.
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QBE LMI’s head of risk and operations Jenny Boddington will assume the role of CEO on 1 March 2012.
“Jenny's appointment by the LMI Board demonstrates the strength of the leadership and talent we have within LMI and I congratulate Jenny on her appointment,” Mr Graham said.
“We have a well developed strategy and set of priorities for LMI in 2012 and beyond, and a very capable team to lead the business and support our partners into the future.”
Ms Boddington brings a wealth of experience to the role having been with QBE LMI for six years.
Prior to joining the QBE team, Ms Boddington had more than 20 years experiences in the financial services sector.