Zurich Financial Services Australia has appointed David Wainwright as the new chief risk officer for Australia and New Zealand, effective Jan. 6.

Wainwright will report to Sid Medappa, Zurich’s regional head of risk for Asia Pacific (APAC). He joins from Zurich UK, where he currently serves as chief risk officer for its Life business.

His extensive background includes various risk management and leadership roles at Zurich UK, Nomura Securities, Halifax Bank of Scotland (HBOS), and HSBC Global Banking and Markets.