Insurance group Allianz Australia announced the appointment of Tara Laybutt as chief risk officer, effective May 11.

Laybutt joins from Deloitte Australia, where she is currently a partner, risk advisory, responsible for leading teams servicing global financial services businesses. Prior to this, she spent over four years at Westpac, where she served in her last role as the acting chief audit executive.

Laybutt is replacing Lori Callahan, who is retiring after 18 years with Allianz.