Aspen Appoints Stuart Sinclair President and Chief Operating Officer.HAMILTON, Bermuda -- Aspen Insurance Holdings Limited ("Aspen") (NYSE NYSE See: New York Stock Exchange :AHL) (BSX:AHL BH) today announced the appointment of Stuart Sinclair as President and Chief Operating Officer Chief Operating Officer (COO) The officer of a firm responsible for day-to-day management, usually the president or an executive vice-president. of Aspen. In connection with his appointment, it is expected that Mr. Sinclair also will join the company's Board of Directors. As President and Chief Operating Officer, Mr. Sinclair will be responsible for Aspen's internal performance and efficiency. He will report directly to Aspen's Chief Executive Officer, Chris O'Kane, and will be based in London. Mr. Sinclair's appointment will further Aspen's operations management at a time when the company continues to diversify its portfolio. "I am pleased to welcome Stuart to Aspen. He brings a wealth of leadership experience in large international organizations and has an impressive financial services background," said Mr. O'Kane. "I am confident that Stuart's contributions will be felt immediately, as we remain focused on enhancing our performance internally and across our business lines." Mr. Sinclair, 53, was most recently President and CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. , Greater China, GE Financial Services, which is part of GE Capital. Previously, he served as President and UK Chief Executive of GE Consumer Finance. Prior to joining GE Capital, Mr. Sinclair held several positions at Royal Bank of Scotland
The Royal Bank of Scotland Plc (Scottish Gaelic: Banca Rìoghail na h-Alba , including CEO of Tesco Personal Finance Tesco Personal Finance is a telephone and internet based commercial bank in the United Kingdom and is a 50:50 joint venture between Tesco, the UK's largest supermarket and the Royal Bank of Scotland, the fifth largest bank in the world. . Mr. Sinclair commented: "I look forward to working closely with Chris, Aspen's management and the Board to leverage improved efficiency and communication across our diversified business lines and strategic geographic locations." In addition to his recent work experience, Mr. Sinclair has held a number of management consultancy roles at firms based in the United States, including Mercer Management Consulting. He was also an International Economist, lecturing at the University of Reading and advising the Saudi Arabian Foreign Ministry. Mr. Sinclair holds an MBA from UCLA UCLA University of California at Los Angeles UCLA University Center for Learning Assistance (Illinois State University) UCLA University of Carrollton, TX and Lower Addison, TX , an MA in Economic Development from Rutgers University and an MA in Economics from the University of Aberdeen The University of Aberdeen is an ancient university founded in 1495, in Old Aberdeen, Scotland and a world-renowned centre for teaching and research. It is the fifth oldest university in the United Kingdom and the wider English-speaking world. . About Aspen Insurance Holdings Limited Aspen Insurance Holdings Limited was established in June 2002. Aspen is a Bermudian holding company that provides property and casualty reinsurance The contract made between an insurance company and a third party to protect the insurance company from losses. The contract provides for the third party to pay for the loss sustained by the insurance company when the company makes a payment on the original contract. in the global market, property and liability insurance principally in the United Kingdom and the United States and specialty insurance and reinsurance consisting mainly of marine and energy and aviation worldwide. Aspen's operations are conducted through its wholly-owned subsidiaries located in London, Bermuda and the United States: Aspen Insurance UK Limited, Aspen Insurance Limited and Aspen Specialty Insurance Company. Aspen has four operating segments: property reinsurance, casualty reinsurance, specialty insurance and reinsurance and property and casualty insurance. Aspen's principal existing founding shareholders include The Blackstone Group, Candover Partners Limited and Credit Suisse First Boston Credit Suisse First Boston was originally the trading name of the Financière Crédit Suisse-First Boston, a London-based 50-50 investment banking joint venture formed in 1978 between the First Boston Corporation and Credit Suisse. Private Equity. For more information about Aspen, please visit Aspen's website at http://www.aspen.bm. |
|
||||||||||||||||
Printer friendly
Cite/link
Email
Feedback
Reader Opinion