QBE North America is saying goodbye to another of its senior executives after chief financial officer Richard Dziadzio handed in his notice ahead of a move to fellow insurer Assurant.
Dziadzio (pictured), who has more than two decades’ worth of experience in the insurance industry, first joined QBE North America in 2013. Prior to QBE, he spent a brief period as the CFO for ANV, a firm he had joined from AXA Group.
It was at AXA that Dziadzio has spent the majority of his industry career, having served the French company from 1994 to 2012. During this time, he held a series of positions of increasing responsibility and was named CFO for AXA Equitable Life Insurance and AXA Financial in 2007.
“Since joining QBE North America in 2013, Richard has played a key leadership role as the company has refocused the business and built a platform for sustainable growth,” said , QBE North America’s recently appointed chief executive.
“We would like to thank Richard for his contributions, and we wish him every success in his next endeavour.”
QBE North America has already hired an executive search firm in its hunt for a new CFO.
Dziadzio will leave QBE North America on July 15 before formally joining Assurant as CFO and treasurer three days later.
At Assurant, Dziadzio will be responsible for leading and integrating the carrier’s global finance organisation. This includes its various business segment financial teams, as well as the asset management and tax functions.
Dziadzio replaces Christopher Pagano, Assurant’s former CFO and treasurer who is taking on the newly created role of chief risk officer at the firm.
At the beginning of May, it was announced that Dave Duclos, QBE North America’s CEO, would be stepping down and retiring at the end of the month (www.reactionsnet.com May 3, 2016). His replacement, the aforementioned Johnston immediately replaced him having joined the firm from AIG where he had previously been the company’s president of casualty in the Americas.
Johnston left AIG as part of the US insurance giant’s property and casualty divisional management cull that took place last November.