The global reinsurance arm of Legal & General Group, L&G Re, has announced that Karan Martin has taken on the role of Chief Operating Officer (COO).
Martin joins the company from Maryland where she was Chief Operating Officer at Legal & General America, responsible for supporting the growth of its term life insurance business.
She brings broad experience in a variety of leadership and board roles in the telecommunications, tech support startup, and financial services sectors, including Telefonica 02 and Xerox, and has been with the Legal & General Group since 2011.
“I’m excited to join the Bermuda business as part of a strong team that is energised and enthusiastic about the expansion opportunities,” said Martin.
“I’m looking forward to using my operational background to build on the firm foundations for growth, while supporting the business by facilitating further innovation,” she continued. “I’ve seen the power of technology in action and how it can create phenomenal change. I am delighted that technology is a key part of the strategy at L&G Re.”
Martin’s appointment follows the addition of Melody Greenslade as Head of Human Resources at L&G Re in June of this year.
Greenslade brings 15 years of HR experience at Expertise Group, a local HR consulting and employment services firm, where she specialised in senior level consulting in immigration, recruitment, and training and development, before moving into HR strategic consulting.
Melody Greenslade, Head of Human Resources, Legal & General Reinsurance: “I thrive in a fast-paced environment and especially enjoy helping companies strategise and problem solve,” Greenslade commented.
“L&G Re is a dynamic, agile organisation, and I am excited to be a part of such a collaborative senior leadership team. I’m keen to develop the HR department in support of our ongoing development, and make an impact by delivering an effective people strategy from start to finish.”
Amy Ellison, CEO at Legal & General Reinsurance, added: “We are thrilled to have both Karan and Melody on our senior leadership team as we continue to reach key milestones and progress our ambitions.”
“They both bring enormous expertise and insight, rich experience, diverse perspectives, and are exceptional executives who will enhance the direction of the company. This is an exciting phase of our journey, and we look forward to L&G Re’s continued success, with both helping to lead the company.”