Life reinsurer Monument Re Limited has announced that Manfred Maske has stepped down from his role as Group Chief Executive Officer (CEO), effective September 19th, 2023, and has been replaced by Carlo Elsinghorst.
Elsinghorst joined the company in 2020 as CEO of Ireland making his way to being appointed as the Group Chief Financial Officer (CFO) in April 2022.
During his time at Monument, Elsinghorst has successfully led the Irish team through a series of domestic acquisitions and the growing maturity of the organisation.
In his role as Group CFO, he was responsible for Financial and Actuarial Reporting and Operations, Treasury, Tax, Performance.
Jonathan Yates, Chairman of Monument Re, commented, “Manfred joined Monument Re Group in February 2017, when the company was a relatively new venture. Over 6 years of dedicated service, Manfred has played an integral role in creating the market-leading business that it is today.
“Together with the Senior Leadership Team, I would like to thank Manfred for his leadership, commitment, dedication and invaluable contribution to the creation of the Monument Re Group. We wish Manfred the best of success in his future endeavours”.