Log In

Reset Password
BERMUDA | RSS PODCAST

Kirk is promoted to CFO at Aspen

Aspen Insurance Holdings has appointed a new group chief financial officer in the wake of the previous postholder's departure.

Scott Kirk, who was Aspen's chief financial officer for the firm's insurance business, takes over from John Worth, who is leaving the company.

Aspen CEO Chris O'Kane said: “Over the course of seven years that Scott has been at Aspen, he has proven to be a highly talented strategic thinker and key financial leader, both in his group roles as group financial controller and group head of finance and most recently as CFO of Aspen's insurance business.

“As CFO of Aspen insurance, he has played an integral role in a number of value-creating initiatives, including the successful growth of Aspen's US insurance operation. We're excited that Scott is taking on this new role at Aspen.”

Mr O'Kane said Aspen “continues to perform well” and was on track to achieve an operating return on equity above ten per cent this year, assuming normal loss experience, with targets of 11 per cent next year and between 11 and 12 per cent in 2016.

Mr Kirk joined the firm in 2007 and has been in charge of insurance finance for the past three years.

Thanking Mr Worth for his services, Mr O'Kane said: “John Worth has made a valuable contribution to Aspen and in particular strengthened the operational side of our finance function and enhanced our expense discipline.

“We would like to thank him for what he has done for Aspen and wish him all the best in his future endeavours.”

Aspen provides reinsurance and insurance coverage to clients worldwide through offices in Bermuda, Europe, Singapore and the US.

New role: Scott Kirk has been appointed chief financial officer at Aspen

You must be Registered or to post comment or to vote.

Published December 08, 2014 at 8:00 am (Updated December 07, 2014 at 7:28 pm)

Kirk is promoted to CFO at Aspen

What you
Need to
Know
1. For a smooth experience with our commenting system we recommend that you use Internet Explorer 10 or higher, Firefox or Chrome Browsers. Additionally please clear both your browser's cache and cookies - How do I clear my cache and cookies?
2. Please respect the use of this community forum and its users.
3. Any poster that insults, threatens or verbally abuses another member, uses defamatory language, or deliberately disrupts discussions will be banned.
4. Users who violate the Terms of Service or any commenting rules will be banned.
5. Please stay on topic. "Trolling" to incite emotional responses and disrupt conversations will be deleted.
6. To understand further what is and isn't allowed and the actions we may take, please read our Terms of Service
7. To report breaches of the Terms of Service use the flag icon