PPS Mutual taps ex-AIA exec to expand NSW network

Binaya Dahal

Journalist

5 May 2026

Member-owned life insurer PPS Mutual has lured AIA Australia business development manager Hasib Qayumi to the equivalent role, ending his eight-year stint at one of country’s major listed insurance players.

Announcing the appointment on Monday, the professionals-focused insurer said Qayumi’s role would emphasise on driving growth within its accredited adviser network and strengthening relationships with financial advisers across the New South Wales.

PPS Mutual’s NSW and ACT state manager Sabrina Sequeira-Walmsley, to whom Qayumi will report, said the hire reflected the insurer’s continued momentum in Australia’s largest advice market.

“Hasib is well known throughout the advice community and has established a strong reputation with advisers; I have seen it firsthand in the field,” Sequeira-Walmsley said.

“Hasib cares about our industry, understands the landscape and brings a positive, can-do attitude. I am very much looking forward to welcoming Hasib to the PPS Mutual family.”

Prior to AIA, he held positions at ANZ, Asteron Life and CommInsure, bringing more than a decade of financial services experience to the role.

Qayumi said PPS’ member-owned structure was a compelling factor of his decision to join the firm, arguing the model represent the way the sector should function.

“The mutual structure resonates with me, knowing that the focus is on delivering long-term value to members aligns strongly with how I believe financial services should operate,” he said.

“I’m particularly looking forward to contributing to a business that supports professionals in protecting their income and financial wellbeing, while also building strong and trusted relationships with our network of advisers.”

The insurer, which launched in Australia in 2016 with backing from its South African parent, the 80-year-old PPS mutual group, has reported a lapse rate of 5.1%, well below the industry average of 14.1%.