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Zurich Australia appoints Chief Risk Officer

4 September 2024

Zurich Financial Services Australia (Zurich) today announced the appointment of David Wainwright to the position of Chief Risk Officer for Australia and New Zealand.

Mr Wainwright has close to 25 years’ experience in financial services and joins from Zurich in the United Kingdom (UK) where he is currently Chief Risk Officer for its Life business.

Prior to this, he has held various risk management and leadership roles at Zurich UK, Nomura Securities, Halifax Bank of Scotland (HBOS) and Hongkong and Shanghai Banking Corporation (HSBC) Global Banking and Markets.

Justin Delaney, Chief Executive Officer at Zurich said: “Mr Wainwright brings a strong breadth of global experience to this role, paired with an impressive technical and leadership capability.”

“He will play a key role in driving Zurich’s local risk strategy against a backdrop of an increasingly complex environment. We look forward to welcoming him to Zurich’s local leadership team in the new year,” Mr Delaney said.

Mr Wainwright said: “I am delighted and honoured to be joining the Zurich team in Australia and look forward to further evolving the team’s strong risk management capability.”

Commencing 6 January 2025, Mr Wainwright will relocate from the UK to Sydney and report into Sid Medappa, Zurich’s Regional Head of Risk for Asia Pacific (APAC).

Mr Wainwright will succeed Jaimie Sach, who announced his retirement after holding the Chief Risk Officer role at Zurich since 2019 and an extensive career in the wealth industry spanning more than 30 years.

 

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Zurich Financial Services Australia is a life insurance, commercial insurance and investments specialist that has been participating in the Australian market since 1920. Since its acquisition of OnePath Life from ANZ in 2019, the company provides life insurance to more than 1.5 million Australian customers under both the Zurich and OnePath Life brands.  Further information about Zurich Financial Services Australia is available at www.zurich.com.au.
 

Zurich Insurance Group (Zurich) is a leading multi-line insurer serving people and businesses in more than 200 countries and territories. Founded 150 years ago, Zurich is transforming insurance. In addition to providing insurance protection, Zurich is increasingly offering prevention services such as those that promote wellbeing and enhance climate resilience.

Reflecting its purpose to ‘create a brighter future together’, Zurich aspires to be one of the most responsible and impactful businesses in the world. It is targeting net-zero emissions by 2050 and has the highest-possible ESG rating from MSCI. In 2020, Zurich launched the Zurich Forest project to support reforestation and biodiversity restoration in Brazil.

The Group has about 60,000 employees and is headquartered in Zurich, Switzerland. Zurich Insurance Group Ltd (ZURN), is listed on the SIX Swiss Exchange and has a level I American Depositary Receipt (ZURVY) program, which is traded over-the-counter on OTCQX. Further information is available at www.zurich.com.