QBE chief to stay on

QBE Insurance's outgoing finance chief will stay on for another 12 months after his successor decided to retire. Chief financial officer Neil Drabsch was to retire in February 2014, and be replaced by Steven Burns, the head of QBE's European businesses. But Mr Burns has decided to retire from full-time executive duties for personal reasons.

QBE Insurance's outgoing finance chief will stay on for another 12 months after his successor decided to retire. Chief financial officer Neil Drabsch was to retire in February 2014, and be replaced by Steven Burns, the head of QBE's European businesses. But Mr Burns has decided to retire from full-time executive duties for personal reasons.

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