Greenlight Re has announced that Faramarz Romer, the firm’s current Chief Accounting Officer and Treasurer, will be appointed Chief Financial Officer, effective as of April 1, 2023, succeeding Neil Greenspan, who is leaving the company on March 31, 2023.
Romer has served as Chief Accounting Officer and Treasurer of Greenlight Re since September 2020.
From July 2007 to September 2020, Romer operated as Reporting and Compliance Officer and oversaw the firm’s Securities and Exchange Commission reporting, periodic and annual financial reporting, internal audit and SOX 404 process.
Before joining Greenlight Re, Romer was a Senior Manager at KPMG. He is a Certified Public Accountant (CPA) and a member of the Chartered Professional Accountants of Canada.
Simon Burton, Chief Executive Officer of Greenlight Re, commented, “Faramarz has been an integral member of Greenlight Re’s finance team since 2007 and is the right person to succeed Neil in the Chief Financial Officer role.
“He is a highly experienced and capable finance professional. I am confident that in this new role, Faramarz will continue to add to and strengthen our ability to deliver long-term value for our clients, partners and investors.
“On behalf of the Board, I would like to congratulate Faramarz and wish him continued success at Greenlight Re.”
Burton continued, “In addition, on behalf of everyone at Greenlight Re, I want to thank Neil for his many contributions to the Company over the past five years.
“We are grateful to Neil for his efforts and for ensuring a smooth and orderly succession. We wish him all of the best in all of his future endeavours.”
