Bermuda based (re)insurer Armour Group announced the appointment of John Parry as group chief financial officer (CFO), effective June 2019 and will report to the group executive committee.

Former Lloyd’s of London employee since 2001, Parry is a season financial services veteran with extensive insurance industry experience. Most recently he held the position of chief financial officer where he was responsible for the financial reporting of the market’s results and capital adequacy as well as treasury and investment management.

He also was responsible for overseeing the tax affairs of the Society of Lloyd’s and the market in the UK and overseas.

Prior to joining Lloyd’s Parry was finance director of various Lloyd’s Managing Agents and is a qualified accountant.

Brad Huntington, Armour chairman and CEO, commented: “We are delighted that John has agreed to join Armour as Group CFO. He has impeccable financial services and regulatory credentials and will bring a wealth of experience and knowledge to our group. I am looking forward to working closely with him as we continue to execute our strategy successfully.”

Parry, added: “I am pleased to join Armour and excited about the significant opportunities for growth and development of the company. Armour has a best-in-class team and I look forward to working with them to further the company’s strategic objectives.”