Multi-territory managing general agent Pen Underwriting has added Sarah Breslin as Chief Financial Officer.
She succeeds Praveen Panicker, who is set to join Gallagher’s corporate finance team.
Breslin joins from Gallagher after eight years with the firm, most recently serving as Finance Director of Corporate Services.
She began her career at PwC in audit & assurance, before moving to Deutsche Bank as a management information analyst.
“We are absolutely delighted to welcome Sarah to Pen as our new CFO. She brings a fantastic mix of professional experience, commercial acumen and strategic leadership,” said Tom Downey, CEO of Pen Underwriting.
“Sarah’s time as a finance director within the wider group, at a time of rapid growth through M&A and transformational change, will also stand her in great stead supporting Pen at this pivotal time as we look to accelerate our own growth through acquisition and organically.”
Commenting on her appointment, Breslin said, “It’s hard to think of a more exciting time to be joining Pen.
“With its clear ambition to become a £1bn underwriting and distribution business, I’m really looking forward to working with Tom and the team to help the business expand and diversify at pace.”
Downey added, “We wish Prav all the very best in his new role, which is a great opportunity for him both personally and professionally.
“He has contributed a great deal to Pen during his time with us, both at Executive level but also as a passionate leader and motivator of people.”
