Chairman & CEO To Resign From SiriusPoint
SiriusPoint Ltd announces Chairman and CEO Siddhartha Sankaran has resigned from the Company to “pursue other opportunities.”
A spokesperson said, “The Board has named Daniel Malloy as Interim Chief Executive Officer while the Board initiates a search for a permanent successor, and current Director Sharon Ludlow as Interim Chair of the Board of Directors. Both of these appointments are effective immediately. Mr. Sankaran will be available as an advisor to the Company after his departure to ensure a smooth transition.”
“The Board and I would like to thank Sid for his work managing the integration of Third Point Re and Sirius Group, and for launching the Company on a compelling strategic path. We wish him well,” said Ms. Ludlow. “We are also very pleased that Dan Malloy has graciously agreed to rejoin the Company on a short-term basis to assist with this transition.”
“SiriusPoint has made tremendous progress since the merger, and I want to thank the team for helping position the Company for the future,” said Mr. Sankaran.
Daniel Malloy’s most recent position with the Company was as President of Global Distribution and Services. He was previously the CEO of Third Point Re. Ms. Ludlow is the former President and CEO of Swiss Re Canada and has served as a Director of the Company since its inception in February 2021.
