Great Britain’s government-backed terrorism reinsurer Pool Re has appointed Richard Roberts to the newly created role of Chief Finance and Investment Officer, subject to regulatory approval.
Roberts is a seasoned executive, having most recently held the Head of EMEA and Asia Insurance Business Development position at AllianceBernstein, where he was responsible for expanding the third-party insurance business across these critical regions.
Before joining AllianceBernstein, Roberts served as an Investment Director at Aberdeen until 2022.
He also previously spent a significant tenure at Zurich Insurance Group from 2007 to 2020, where he reportedly undertook various investment and accounting roles, culminating in the position of Head of Balance Sheet Investments for their UK business.
In his new role at Pool Re, Roberts will report directly to the government-backed terrorism reinsurer’s Chief Executive Officer, Tom Clementi.
According to Pool Re, the appointment is part of a succession plan, with outgoing Chief Investment Officer, Ian Coulman, and Chief Finance and Operations Officer, Peter Aves, both retiring during 2025.
Clementi commented, “I am delighted to welcome Richard to Pool Re. He has an impressive track record and will bring a wealth of experience, expertise and energy to this new role.
“I would also like to thank Ian and Peter for their longstanding and immense contribution to the firm, having worked at Pool Re for a combined 30 years. I wish them both very happy retirements.”
Roberts added, “I am looking forward to embracing the challenge of joining Pool Re, a globally recognised leader in terrorism risk financing.
“The real draw to the firm was its tangible sense of mission and purpose, as well as the commitment of its people, which really resonated with me. I would also like to extend my gratitude to my predecessors for establishing such a solid foundation, which I aim to build upon steadily in this new role.”
