Leading global specialty re/insurer, Canopius Group, has appointed James Pearson as UK Chief Financial Officer, Canopius Managing Agency, subject to regulatory approval.
Within this role, Pearson will report to Canopius Group Chief Financial Officer Gavin Phillips and interim Canopius UK CEO Kate Roy.
Pearson joins Canopius from Direct Line where, as Head of Financial Planning and Analysis, he successfully led the group’s finance transformation project and the implementation of International Financial Reporting Standards (IFRS) 17.
Overall he brings almost 20 years of insurance and financial services experience towards the role, having originally trained and worked for PwC in London and Sydney.
Canopius Group has also confirmed that Pearson will assume the role from Gavin Phillips, who had acted as interim UK CFO and will now revert to his group responsibilities.
Phillips, commented: “James brings a wealth of Lloyd’s market knowledge from his time at PwC and significant experience in managing change and transformation; a key competence for any finance executive in these ever-changing times for our industry.
“Throughout our search, James stood out as the individual who most ably articulated how he would balance UK executive and board responsibilities with the wider leadership role across our business. We believe James will be a perfect cultural fit for Canopius, complement the UK leadership team tremendously well and I am extremely pleased to welcome him at this exciting time for our business.”
Addressing his new role, Pearson, said: “I am thrilled to be joining Canopius at an exciting time for the business and the London Market. I look forward to working with my new UK leadership team and engaging all our Finance expertise in support of the strategic.”
Meanwhile, Canopius recently announced that it will be using software firm Allphins solution for treaty energy.
