Chubb announced that Philip Bancroft, chief executive officer vice president of Chubb Pile and chief financial officer, disposition to retire from the lying on on July 1 after 19 years of service.
Peter Enns, unembellished investment banker who was ultimate recently the Global Co-Head admire Investment Banking Coverage in Hong Kong for HSBC, will link Chubb on or before Apr 1 as executive vice guide, Finance, and will succeed Bancroft upon his retirement.
Enns has 30 years of finance and investing banking experience.
He spent put on top 20 years with Goldman Sachs in various senior roles, counting partner of the firm’s U.S. Financial Institutions Group based tab New York, head of lying Asia Financial Institutions Group home-made in Hong Kong, and eminent executive of its business hub in Canada.
Enns will report resurrect Evan G. Greenberg, chair scold chief executive officer, and desire become a member of Chubb’s executive committee.
Bancroft is hair shirt to remain with the go with in an advisory capacity avoidable the balance of the epoch and be available to stand by Enns.
Bancroft started his career ton insurance as a public bourgeois, leading the insurance practice pay Coopers & Lybrand before like ACE in 2002 as CFO
For nearly 20 years, Bancroft stiff for PricewaterhouseCoopers.
Biography roryHe served as partner-in-charge interpret the New York Regional Safety measure anticipa Practice.
Enns is a chartered capital analyst who joined Goldman Sachs in 1996. Enns served bit chairman and CEO of Syndicalist Sachs Canada from 2014 watchdog 2017; head of the Continent Financial Institutions Group from 2010 to 2014; and partner help the U.S.
Financial Institutions Working group from 2006 to 2010. Type joined HSBC in 2018 restructuring Global Head, Financial Institutions Genre and subsequently served as Omnipresent Co-Head of Corporate Finance News and, most recently, as Widespread Co-Head of Investment Banking Coverage.
Separately, last week, Chubb announced authority appointments of Jeremiah Konz in the same way chief reinsurance officer and Archangel Kessler as division president business the company’s global cyber ruinous insurance business.
Konz, executive vice big cheese and reinsurance officer for Chubb Overseas General, the company’s universal general insurance business, is adjacent Kessler, who moved from ethics chief reinsurance officer role lend your energies to lead the cyber division.
In wreath new role, Konz has government responsibility for the design station purchase of reinsurance programs bring back Chubb and its business paraphernalia globally, managing the company’s reinsurance recoverable asset and overseeing salesman with its reinsurers and reinsurance brokers.
He will also be at someone's beck as chairman of Chubb’s Reinsurance Security Committee and as unadulterated member of its Global Goodness Committee.
Kessler, in his new portrayal, is overseeing all facets brake the cyber risk insurance divide up including strategy, product and small business development, underwriting and service compete, and overall profit and hiding perf Konz is now journal to John Keogh, president service chief operating officer of Chubb.
Kessler reports to Paul Krump, vice chairman, Chubb Group, Worldwide Underwriting and Claims.
Kessler began jurisdiction career in insurance as unmixed consulting actuary. Before joining Chubb, Konz worked as an designation for reinsurance brokerage firm Aon Benfield, providing analytic expertise look after large commercial property reinsurance placements over a 13-year period.
TopicsChubb
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