Aspen makes leadership roster changes

Aspen makes leadership roster changes | Insurance Business America

Insurance News

Executive chair believes “this is the right structure and team to lead the business”

Insurance News

By
Terry Gangcuangco

Insurance group Aspen has announced leadership team changes, effective August 1, aimed at creating more robust and accountable executive roles that align with the company’s current priorities.

In the newly structured team, Christian Dunleavy (pictured) was promoted to group president and will also serve as Aspen Bermuda chief executive. Reporting to executive chair and group CEO Mark Cloutier, Dunleavy will have overall responsibility for Aspen’s underwriting strategy, claims, and business development.

Now with more than 25 years of experience in (re)insurance, Dunleavy joined Aspen in 2015 as global head of property cat reinsurance and became group chief underwriting officer in 2022.

Meanwhile, the changes include Mark Pickering assuming the group chief financial officer & treasurer position next month. Pickering, who has over two decades of experience in the (re)insurance industry, joined Aspen in September 2015 as group treasurer.

The soon-to-be finance chief became group chief capital management officer in 2021 and CEO of Aspen Bermuda in 2022. He will step down from the top post at Aspen Bermuda when he succeeds Chris Coleman as group CFO. Coleman will leave the company at the end of the month, having played a key role in Aspen’s financial turnaround.

Additionally, the leadership restructure spans increased responsibilities for group chief operating officer Rob Houghton, while Mo Kang will assume broader duties as group chief corporate affairs and people officer.

“[The] appointments create a strengthened, more defined leadership team for Aspen as we plan for the future and continue to seek further opportunities to achieve continued profitable growth,” said Cloutier, lifting the lid on the tweaked line-up.

“Christian, Mark, Rob and Mo are extremely well placed to lead Aspen’s largest functions and, alongside the rest of the group executive committee, continue to drive for improved collaboration and efficiency.”

He added: “I thank Chris for his contributions to Aspen as chief financial officer over the past two and a half years and wish him every success in the future.

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