AUB Group announces CEO succession

AUB Group Limited (ASX:AUB) has today announced the appointment of Mike Emmett as the Group’s new Chief Executive Officer and Managing Director, effective 11 March 2019.

Discussing the appointment, AUB Group Chair David Clarke said, “We are delighted to have secured someone of Mike’s calibre, with his strong experience in diversified growth and distributed business models. Mike’s understanding of the full suite of insurance services aligns well with the Group’s successful ‘total risk solutions’ strategy, as well as our intention to be the leading provider of risk management, advice and solutions to clients. The Board is confident his skills will enable the Group to maintain strategic momentum, and will help orient the Group to the future needs of clients while continuing to deliver shareholder outcomes.

“We thank outgoing CEO Mark Searles not only for his enormous contribution to AUB Group, but also for his continued support in this succession process, which has enabled us to conduct a thorough search process and plan for a smooth leadership transition.”

Previously group chief executive of travel insurer Cover-More Group, Mr Emmett has held executive positions at QBE, EY, Morse, IBM, Accenture and PwC. 

Outgoing CEO and Managing Director Mark Searles, who announced in August 2018 his intention to step down with a view to developing a non-executive director career, will move to an advisory role until October 2019

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For further information, contact:

Samantha Pankovas

BlueChip Communication

(02) 9018 8602

samantha@bluechipcommunication.com.au