Matthew Mahoney, Chief Financial Officer (CFO) of TransRe, a wholly owned subsidiary of Alleghany Corporation, is set to take on additional responsibilities as the company’s first Chief Operating Officer (COO).
Mahoney joined the reinsurer in 2008 from PWC’s insurance practice, and has since held roles of increasing responsibility, being promoted to CFO of the firm in 2015.
As CFO, Mahoney has spearheaded the evolution of the finance and accounting unit, led the successful onboarding of a new global general ledger, the restructuring of the tax departments, and optimisation of the firm’s capital structure.
Now, in addition to his responsibilities for finance and accounting, he assumes responsibility for the strategic direction of the reinsurer’s legal, regulatory, audit, and IT departments.
Mahoney will continue to report to Ken Brandt, Chairman, President, and Chief Executive Officer (CEO) of TransRe.
Concurrently, TransRe has promoted Brian Gallahue to the role of Deputy CFO, where he will continue to report to Mahoney.
