Fundz

IAG Appoints William McDonnell as Chief Financial Officer

PRIVATEOct 05, 2023

Position

Chief Financial Officer

Company

Insurance Australia Group

William McDonnell
william.mcdonnell@iag.com.au
SydneyFinancial ServicesEmployee BenefitsInsurtechInsurance

Description

IAG Managing Director and CEO Nick Hawkins has appointed William McDonnell as IAG Chief Financial Officer effective 11 December 2023, subject to regulatory approval. Mr McDonnell spent 15 years at general insurer Royal & Sun Alliance Insurance Group , where for the last seven years he was Group Chief Risk Officer with accountability for the Group’s risk, including strategic, underwriting, financial, compliance, and assurance. RSA was an FTSE 100 insurer, with operations in the United Kingdom, Ireland, Canada, Scandinavia, and a presence in more than 15 countries. Mr McDonnell left RSA when it was acquired in 2021 by Danish insurer Tryg and Canada’s Intact Financial Corporation. IAG’s current CFO, Michelle McPherson, who announced her retirement in May this year, will remain with the company until the end of the calendar year.

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Company Information

Company

Insurance Australia Group

Location

Sydney, New South Wales, Australia

About

Insurance Australia Group (IAG) is a leading general insurance company, providing a diverse range of insurance products. The company is focused on delivering innovative and customer-driven solutions. IAG operates under various well-known brands across Australia and New Zealand. It aims to support its customers during uncertain times with high-quality coverage.

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