Lloyd’s reveals new finance chief
Insurance market Lloyd’s of London has announced the recruitment of Burkhard Keese as the finance chief with effect from April 1 2019. With decades of experience, Keese has spent 14 years at Allianz, where he was recently the chief financial officer for Allianz Deutschland, Germany’s largest insurer.
Commenting on the appointment, CEO John Neal said: “Burkhard joins Lloyd’s at an exciting time. We are working with all our stakeholders to significantly improve near-term profitability.”
Carpetright CFO to step down as sales fall
Neil Page has resigned from his role as CFO of carpet retailer Carpetright. After 10 years in his role, Page will step down from the board by 25 February but will continue working in his role till the end of April. He will be replaced by Jeremy Simpson with effect from 25 February 2019. Simpson joins from Sureserve Group, where he was the CFO and has also held senior finance roles at Hunting and Shanks Group.
Commenting upon the change, Carpetright CEO Wilf Walsh said: “As CFO, Neil has made an outstanding contribution to Carpetright over many years and the Board wishes to express its gratitude for his unstinting commitment to the business, particularly through the recent challenging period of restructuring. We are delighted that Jeremy is joining us as CFO – he has a strong plc track record and will be able to integrate swiftly into the executive team.”
RSA’s CFO Egan to head UK & International division
General insurer RSA Insurance Group has confirmed that CFO Scott Egan will be taking up the role of CEO of the UK & International division with immediate effect. He will replace current CEO Steve Lewis, who has decided to step down. Egan will remain on the group board reporting to CEO Stephen Hester. A replacement for the CFO role is yet to be found and the company would announce recruitment in the coming weeks.
Speaking upon the changes, Hester said: “I’d like to thank Steve for his service to RSA over the last four years, leading a comprehensive restructuring of our UK&I businesses. Scott has done an excellent job as CFO at RSA since joining, and I look forward to working closely with him in his new capacity.”
WH Ireland names Philip Tansey as new FD
London-based wealth management company WH Ireland has announced that its current head of finance, Philip Tansey will join the board as finance director. Previously, Tansey held the role of chief financial officer at Panmure Gordon and managing director at US inter-dealer broker, BGC Partners. He also held various senior roles at Deutsche Bank, CSFB, CIBC Wood Grundy, Salomon Brothers and BDO Stoy Hayward. His appointment to the board is subject to approval by the Financial Conduct Authority.
Chief executive, Phillip Wale, said: “Philip brings a wealth of experience that will be valuable to WH Ireland as we continue on the path towards growth and profitability.”
Numis appoints former Standard Life CFO to Board
UK based capital market company Numis appointed Luke Savage, the former chief financial officer of Standard Life, to its board with immediate effect. Luke Savage served as CFO of Standard Life between 2014 and 2018 and has joined the board as a non-executive director. Savage will succeed the departing Geoffrey Vero, who worked for 15 years with Numis. The company said that it is committed to execute its strategy and to provide access to high quality and insightful advice to its clients.
ICG appoints new chief financial & operating officer
Asset manager Intermediate Capital Group has named Vijay Bharadia its new chief financial as well as operations officer, effective May 2019. Bharadia will replace the retiring Philip Keller, who will exit following the publication of its annual results and a handover period. The firm told Morning Star on 1 February, 2019, at London that Bharadia has extensive experience as a chief financial officer in the alternative asset management sector.
IXICO unveils appointment of Grant Nash as its CFO
UK-based clinical research and data analytics firm IXICO has announced the appointment of Grant Nash to the role of chief financial officer with effect from 29 April. Nash is currently the finance director of the UK Biobank, an open access resource. He joined UK Biobank in 2014, handling the UK Biocentre. Before this, he has worked with Evotec for 10 years with positions like senior VP of finance. Nash will replace Conor Woolfson, interim head of finance, who will move back to his role of group finance controller.
Speaking on the appointment, IXICO’s CEO Giulio Cerroni said: “We are at an exciting stage of the Company’s development, and Grant’s business experience in international commercial and large-scale research and development organisations will assist the Board and management team in delivering against our strategic objectives.”
Clinigen appoints Nick Keher as CFO
pharmaceuticals group Clinigen Group has hired Nick Keher for the role of group chief financial officer effective from 19 March 2019. Keher will replace current CFO Martin Abell, who will leave the company on 31 March 2019. Before joining Clinigen, Keher was a managing director and head of European Healthcare equity research at Royal Bank of Canada. His extensive experience in the European healthcare sector includes working at Investec.
Welcoming Keher to the group, CEO Shaun Chilton said: “Nick brings considerable pharmacy and pharmaceutical experience as well as financial expertise, both as an accountant and from working in the financial markets. He has a deep knowledge and insight of our business through his research and analysis of Clinigen since its initial public offering in 2012. He will be a key addition to the executive management team.”
Cloud technology firm appoints COO
IT services and technology company Acora has announced the promotion of James Karp to the role of chief operating officer. Being part of the firm since 18 years, Karp was recently the chief security officer. His position has been replaced by Paul Renucci, who has worked with firms like Nortel, Damovo, Kcom and Juniper.
“As a result of Paul’s appointment, James Karp will move full time to the position of chief operating officer (COO) and fully focus on the great work he has already started, driving Operations forward to exceed customer requirements,” said Acora CEO David Rabson.
Inspections group SGS names de Daniel finance chief
Geneva-headquartered inspections group SGS has appointed Dominik de Daniel to the post of chief financial officer with effect from mid-February. He will replace Carla de Geyseleer, who has announced her resignation to pursue other career opportunities. Prior to this, de Daniel has worked in chief finance roles with companies like Adecco Group from 2006 to 2015 as well as his most recent role at IWG.
Talking on the appointment, SGS Chief Executive Officer Frankie Ng said: “We warmly welcome Dominik to SGS where we believe his extensive experience will help us to deliver our long-term strategy.”
Appointment of Michel-Alain Proch as Ingenico Group CFO
Paris headquartered payment company Ingenico Group appointed Michel-Alain Proch as chief financial officer (CFO), effective 4 February, 2019. Proch will replace Nathalie Lomon who will exit the company at the end of February 2019. Proch has over 25 years of expertise in finance, strategy, integration and transformation. He served as SEVP and global chief digital officer at Atos most recently, where he headed various major M&A operations, successfully co-led the IPO of Worldline, and was named best CFO (Europe, Software & IT Services) by Extel during four consecutive years. Additionally, he was a board member of Wordline until 2016.
Commenting upon the new appointment, CEO of Ingenico Group Nicholas Huss told Fintech Zoom from Paris: “I am delighted to welcome Michel-Alain to Ingenico. His strong track record as CFO will be critical to the success of our transformation. I would like to warmly thank Nathalie for the support she brought to the group over the past nine years and her strong involvement in the growth and the transformation of Ingenico.”
Walker Crips investment management CEO resigns
London based financial services company Walker Crips’ CEO Mark Rushton has decided to step down, effective 30 January, 2019. However, he will officially leave the group on 28 February, 2019. The company confirmed in an RNS announcement that Rushton will resign from his role of group director and chief investment officer and from his role of chief executive of Walker Crips Investment Management.
Group CEO Sean Lam will take over as interim chief executive of the investment management arm. Commenting upon his exit, Rushton said to Portfolio Advisor in London: “I have been blessed with fine colleagues who will write the next chapter of the firm’s story. I am grateful to my fellow directors, our investment managers and our staff for their diligent hard work and conscientious support during my tenure at Walker Crips.
UKTV CEO quits as BBC prepares to take full control of broadcaster
London-based multichannel broadcaster UKTV has announced that its CEO Darren Childs is stepping down, as British Broadcasting Corporation (BBC) prepares to take the company’s full control. Childs is set to leave on 1 July. His departure comes following the BBC announcement to seal the biggest media deal in the corporation’s history.
Parity Group appoints new CEO
Technology staffing company Parity Group named Matthew Bayfield its new chief executive officer. The current CEO, Alan Rommel, will take over the role of chief operating officer, a Board position. Previously, Bayfield held leadership roles in companies such as Field London and Ogilvy & Mather.
Bayfield joined Parity’s senior management team in 2018 in the position of managing director. Non-executive chairman of Parity Group, John Conoley said: “We are delighted to appoint Matthew to the position of CEO. Alan Rommel, supported by our CFO Roger Antony, has worked tirelessly to drive Parity’s turnaround and Matthew is ideally placed to accelerate this strategy. 2019 looks like it will be an exciting year and I wish Matthew luck in leading us onward.”
Feelunique CEO Joel Palix resigns
Online beauty retailer Feelunique has announced that its CEO Joel Palix will step down from his role after five years. He will exit the retailer later this year to pursue other professional opportunities. Palix will continue to be a supportive shareholder at the firm, post his resignation. The company said that COO Jim Buckle and Chief Marketing Officer Jennifer Roebuck will take over the CEO responsibilities for the next few months. The handover that will be completed in June will be supervised by chairman Robert Bensoussan.