European run-off insurer DARAG has announced three senior appointments, naming Mike Trotman as new Chief Financial Officer (CFO) Alex Roth as Head of M&A and Jim Wilson as new Group Chief Actuarial Officer.
The firm said the three appointments are key to the future of the Group and its position as a leading continental legacy acquirer.
Stuart Davies, Executive Chairman of DARAG, said; “Mike is a consummate financial professional with a proven track record in senior positions.
“Alex brings a breadth of M&A experience both on the buy and sell side and his investment banking background is key to the strategic direction of the Group, and, in an ever more complex market environment, Jim’s transactional and actuarial expertise have become vital to DARAG’s core operations.
“Their appointment signals our intention to strengthen and grow the business, with substantial transactions in our core geographies in the pipeline. I am therefore delighted to welcome Mike to the DARAG team and look forward to working with him in the future.”
Trotman has previously served in a number of executive roles, and joins from a 14 year tenure as CFO of private equity backed retailing businesses of TM Lewin and Hobbs.
He boasts experience in international finance director roles in the Oil & Gas contracting and intralogistic businesses of ABB and Aker respectively.
Wilson worked for DARAG since April 2015 as Group Actuary, prior to his promotion to Group Chief Actuarial Officer.
Before joining DARAG he set up KPMG’s first non-life actuarial practice with particular focus on USGAAP and then focused on impact studies and auditing of internal models in the run up to Solvency II.
Roth managed a number of key projects for the business, since joining DARAG’s Transaction team in February last year.
Prior to DARAG, he worked at EY and an M&A boutique firm in Luxembourg in the field of Distressed M&A and Restructuring including Crisis & Turnaround Management.
