UK-based normal insurance coverage providers supplier Markerstudy has named Glen Ward as its new group chief monetary officer (CFO).
The corporate confirmed the appointment through a LinkedIn put up.
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“Glen might be a key contributor as Markerstudy enters its twenty fifth 12 months of buying and selling,” the put up mentioned.
Ward joins from Admiral Insurance coverage, the place he held senior finance positions together with group finance director and CFO of UK Insurance coverage.
He’ll report back to Markerstudy chief government Kevin Spencer.
Commenting on the appointment, Ward mentioned: “Markerstudy is a enterprise that I’ve admired and I’m excited to be becoming a member of the staff right now to assist proceed the group’s spectacular development trajectory.
“I’m captivated with empowering my staff and fostering a tradition of openness and steady studying to make sure we’re delivering impactful outcomes that may assist strengthen and speed up the group’s targets.”
Ward replaces Keith Barber, who had been serving as interim CFO since July final 12 months following Fernley Dyson’s transfer to grow to be CFO of Saturn Holdings.
Glen Ward’s profession consists of positions at Nationwide Constructing Society, Nationwide Australia Group Europe, Clydesdale and Yorkshire Financial institution, Nationwide Australia Financial institution Europe and KPMG.
Final month, the UK’s Monetary Conduct Authority imposed development restrictions on Markerstudy by inserting caps on buyer numbers and capital ranges inside its UK operations.
These measures come amid issues from the regulator concerning the firm’s management constructions, governance and inner monetary controls, significantly following an acquisition-driven growth technique.
