Aspen has announced the appointment of three new directors.
Stuart Sinclair, president and chief operating officer of Aspen, John Cavoores, the former president and chief executive officer of OneBeacon Insurance Company, and Glyn Jones, the former CEO of Thames River Capital and Gartmore Investment Management, will all join the board of Aspen with immediate effect.
Paul Myners, Aspen's chairman, said, “I am delighted to announce the appointment of three new directors, which will strengthen further the Aspen Board. Stuart, John, and Glyn bring a wealth of knowledge and experience to the board as we continue to pursue our strategy of diversification and profitable growth.”
Julian Cusack, Aspen's chief financial officer and chief executive officer of its Bermuda-based operating company, Aspen Insurance Limited, has been appointed to the expanded role of chairman and CEO of AIL, which he will assume once his successor as chief financial officer is appointed.
Chris O'Kane, Aspen's CEO said, “Aspen's underwriting business in Bermuda has grown rapidly over recent years. Together with Julian, we have recognised the need to create a new, dedicated executive role that is focused on continuing to grow our business in Bermuda and I am delighted that he is to take up the expanded role as chairman and CEO of AIL once his successor as Group CFO is appointed.”
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