Aspen Insurance Senior Management Transitions
Aspen Insurance Holdings Limited announced a senior management transition in its insurance segment, Aspen Insurance.
Rupert Villers, Chairman of Aspen Insurance and President of Aspen International Insurance, has decided to step down from the Company at the end of October 2015. He will remain President of International Insurance until the end of July and will continue to serve as Chairman of Aspen Insurance until his departure.
Villers commented, “I am very pleased with everything that my team and I have achieved during my tenure at Aspen Insurance. The business is well positioned in a new and exciting stage of its development and I wish Mario Vitale, our Insurance Chief Executive, every success as it moves forward under his leadership. I am happy to be leaving Aspen on an extended timetable as this will allow for a smooth transition of the various aspects of my role.”
Chris O’Kane, Aspen’s Group Chief Executive Officer, said, “Rupert has done an outstanding job in building our Insurance franchise and driving forward our Insurance strategy. He has also made a significant contribution to our executive management capabilities and I would like to thank him sincerely for everything that he has done for Aspen during his time with the Company.”
Mario Vitale, Chief Executive of Aspen Insurance, added, “I would like to add my thanks to Rupert for his valuable advice and wise counsel as we worked closely together to grow our Insurance business over the last few years.”
Aspen also announced that Ann Haugh will assume the role of President of International Insurance at the end of July in addition to her responsibilities as global Chief Operating Officer of Aspen Insurance.
Mario Vitale commented: “Ann has made a significant contribution since she joined Aspen Insurance almost 18 months ago and she is ideally qualified to lead our International business. Her breadth of experience and expertise will be invaluable as we take the business forward to the next stage of its development.”
