Hyperion Insurance Group (Hyperion) has announced that Mark Craig will become Group Chief Financial Officer (CFO) and Mark Hudson will serve as Group Finance Director, effective January 1st, 2020.
Both Craig and Hudson will undertake a full handover from Interim Group CFO, Richard Houghton, before he leaves the company later in 2019.
Craig joined the firm in 2017 and currently serves as Head of Investments and Debt Capital Markets. In this role, he is responsible for the company’s investment programme and manages the Group’s treasury and cash reserves. In his new role, he will join the firm’s Group Executive Committee and the Hyperion Board of Directors.
Hudson joined Hyperion’s underwriting segment, DUAL as CFO in 2016. He has more than 25 years of experience in the insurance sector, including roles as Director of Finance and Operations at Novae Group. In addition to his new role as Group Finance Director, Hudson will retain his current responsibilities as Group CFO and Chief Risk Officer (CRO) of DUAL.
Hyperion’s Chief Executive Officer (CEO), David Howden, commented, “As we look to the next 25 years, Mark and Mark are well placed to support us in our next stage of growth. Hyperion is a People First organisation and these promotions are a testament to the strength of the talent we have within the Group and the bench strength of our finance team.
“I am incredibly grateful to Richard for the support he has provided over the course of the last year. We wish him all the best for the future.”