Reinsurance News

SCOR promotes Kelly to CFO as Kociancic departs

30th September 2020 - Author: Luke Gallin

Global insurer and reinsurer SCOR has named Ian Kelly, currently Head of Investor Relations, as its new Chief Financial Officer (CFO), effective October 2nd, 2020.

Ian KellyKelly replaces Mark Kociancic, who has decided to pursue a new direction in his career, having served as SCOR’s CFO since 2013, following successively senior roles within Finance since joining the firm in 2006.

From the date of his appointment as CFO, Kelly is set to join the firm’s Group Executive Committee.

Denis Kessler, Chairman and Chief Executive Officer (CEO) of SCOR, commented on the appointment: “I am delighted that Ian Kelly is joining SCOR’s Executive Committee as CFO. His promotion bears witness to the depth of the Group’s talent pool. Ian has spent a large part of his career at SCOR. He knows the Group extremely well and has a strong command of the financial mechanisms of both Life and P&C (re)insurance.

“He has successfully fulfilled his role as Head of Investor Relations and his great professionalism is appreciated by everyone he deals with. Along with the entire team, Ian will actively pursue all the Finance transformation projects initiated by Mark, which rest in particular on the use of new technologies. Given Ian’s intellectual and human qualities, we are confident that he will be successful in this new key role. The Executive Committee and I look forward to working with Ian as part of his new responsibilities.”

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On Kociancic’s departure, he added: “On behalf of the Board of Directors and the Executive Committee, and speaking personally, I would like to thank Mark Kociancic for his strong contribution to the Group’s development since he joined us in 2006. Over the past seven years as CFO, he has successfully led several financial operations and improved the performance of the Finance function within the Group, actively preparing the transition to the new IFRS 17 financial accounting standard. I wish Mark every success in this new chapter of his career.”

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