Ms Murphy joined IAG in 2007 as Group Executive, Business Services, and since then, has held a number of executive positions including Chief Strategy Officer and Chief Transformation Officer.

Ms Murphy has decided to return to Queensland and focus on the next stage of her career as a Non-Executive Director.

Mr Wilkins thanked Ms Murphy for her significant contribution to IAG.

'Leona has been a key member of our team and was instrumental in IAG's journey over the past eight years. In particular, her leadership and commitment to creating a purpose-led organisation and to delivering on our transformation agenda have ensured that IAG is well-placed for the future.'

Ms Murphy's work on disaster mitigation and community resilience, and her role as Co-Chair of the United Nations Environment Programme's Principles for Sustainable Insurance, saw her named one of Australia's 100 Women of Influence for 2015.

'We wish Leona all the best as she pursues a Non-Executive Director and broader portfolio career,' Mr Wilkins said.

distributed by