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QBE names new Asia Pacific head


QBE Insurance has appointed the former head of Allianz Asia Pacific, David Fried, as its new chief executive in the Asia Pacific region.

Mr Fried has years of experience in Asia, having worked for 27 years with HSBC prior to his role at Allianz.

He also has experience working in New York and London in insurance broking.

"David brings to QBE an outstanding record of achievement and an intimate understanding of the insurance sector across Asia," QBE chief executive John Neal said in a statement.

Mr Fried will join QBE on April 8, and will be based in Singapore.