Validus Holdings Announces Leadership Roles
Bermuda-based Validus Holdings, Ltd. announced the following leadership appointments “designed to enhance the development and execution of its global strategy.”
- Kean Driscoll – Global Head of Reinsurance, in addition to his roles as President of Validus Holdings, Ltd. and Chief Executive Officer ofValidus Reinsurance, Ltd.;
- Peter Bilsby – Global Head of Insurance, in addition to his role as Chief Executive Officer of the Talbot Group; and
- Lixin Zeng – Global Head of Asset Management business, in addition to his role as Chief Executive Officer of AlphaCat Managers Ltd.
These leadership appointments reflect an organizational change that results in three new reportable segments for the Company: Reinsurance, Insurance and Asset Management.
Ed Noonan, Validus’ Chairman and Chief Executive Officer, stated, “These internal appointments are a strong reflection of the depth of the Validus management team and these executives will be responsible for developing strategy and driving profitable growth across our Reinsurance, Insurance and Asset Management businesses, respectively.”
Validus additionally announced the following further leadership changes in the Insurance segment as Validus continues to focus on building out its U.S. Insurance platform, a key part of the Company’s global strategy:
- Bob Livingston – Chairman of Western World Insurance Group, Inc., in addition to his role as Chief Executive Officer of Western World Insurance Group, Inc.; and
- Jonathan Ritz – President of Western World Insurance Group, Inc., in addition to his role as Chief Executive Officer of Validus Specialty.
Mr Bilsby, Global Head of Insurance and Chief Executive Officer of the Talbot Group, stated, “Bob and Jonathan have been integral to the success of our U.S. insurance business. I am looking forward to their continued leadership as we strengthen our existing business and pursue growth and new opportunities in the U.S. market.”
