BMS Re, the reinsurance division of global broker BMS Group, has announced the appointment of Farah Nelson as Chief Financial Officer (CFO) in the US and as a new member of the company’s Board, based in New York.
In her new role, Nelson will directly report to Charlie Rozes, Group CFO of BMS Re. She will be instrumental in advancing BMS Re’s financial strategy, focusing on enhancing capabilities to meet client needs, supporting business growth, driving margin expansion, and building and implementing financial systems.
Nick Cook, CEO of BMS Group, expressed enthusiasm for Nelson’s appointment, stating, “I am delighted to welcome Farah to BMS. She is an accomplished finance executive having worked in fast-paced, growth-orientated organisations. Not only that, but she is a proven leader with a track record of setting clear goals and delivering on them, and she is deeply passionate about diversity, equity, and inclusion.”
Cook added, “With her now working with Charlie and Morna at the Group level, continuing to drive investment in reinsurance across the UK, US and our Bermuda platforms, our finance team is formidable. I am delighted to have Farah join and look forward to working with her.”
Nelson brings over two decades of industry experience to her new role. She joins BMS Re from Aon, where she spent nearly nine years, most recently as Chief Financial Officer, overseeing financial performance exceeding $1.6 billion.
Prior to that, she worked at J.P. Morgan for nine years in various senior roles, including Risk Reporting Business Manager, and served as Senior Financial Analyst at Credit Agricole Indosuez for eight years.
Sharing her excitement, Nelson commented, “Joining BMS at this time is incredibly exciting. BMS has a fantastic reputation, and rightly so. Its people have not only been able to achieve enviable growth but have also made a point of doing this in exactly the right way, with collaboration, empathy, and inclusivity at their core. I am delighted to join its talented team and excited to get started.”
