QBE names Jonathan Groves as Australia Pacific CEO
QBE Insurance Group has announced the appointment of Jonathan Groves as Chief Executive Officer, Australia Pacific (AUSPAC), effective 1 November 2026, subject to regulatory approvals.
Groves will join the Group Executive Committee upon taking the role, reporting directly to Group Chief Executive Officer Andrew Horton.
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A leader shaped by 13 years inside QBE
Groves brings more than 30 years of experience across the insurance industry, spanning business leadership, underwriting, risk and regulation. His tenure at QBE spans 13 years, during which he has held several senior leadership positions:
- Chief Executive Officer and Managing Director, QBE Pacific (current)
- Chief Risk Officer, Australia Pacific
- Chief Risk Officer, Equator Re
In his current role as CEO and Managing Director of QBE Pacific, Groves has led initiatives focused on strengthening performance, accelerating growth momentum, and supporting customer and broker outcomes.
Andrew Horton, Group CEO, QBE
“Jonathan brings deep knowledge of QBE, our Australia Pacific business and the customers and partners we serve. He is well placed to build on the strong foundations of the business and continue delivering for customers, brokers, partners and shareholders. Australia Pacific is a strong business with a clear strategy and significant opportunities ahead. I look forward to working closely with Jonathan as we continue to build on the momentum underway across the division.”
What the appointment means for investors
The appointment represents an internal succession rather than an external search, with Groves a well-known figure across QBE’s operations, customers, partners and strategy after 13 years with the Group. Horton’s description of AUSPAC as “a strong business with a clear strategy and significant opportunities ahead” signals leadership confidence in the division’s current trajectory.
QBE’s 1H26 results delivered an adjusted ROE of 17.7% and a 6% lift in the interim dividend, with management reaffirming full-year guidance and describing the group as entering a high quality, capital efficient growth phase from 2026 onwards.
Jonathan Groves, incoming CEO, Australia Pacific
“It is a privilege to be appointed Chief Executive Officer of QBE Australia Pacific. I am confident in the strength of this business, the expertise of our people and the value of the relationships we have with our customers, brokers and partners. I look forward to working with teams across Australia, New Zealand and the Pacific to build on the strong foundations already in place.”
Groves will be based in Sydney, with the appointment remaining subject to regulatory approvals.
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