Bermuda-based (re)insurer, Aspen insurance Holdings Ltd, has announced the appointment of Kevin Chidwick as group chief financial officer (CFO), effective 1 May 2020.

In his new role, Chidwick will report to Mark Cloutier, executive chairman and group chief financial officer and will succeed Scott Kirk who is set to leave Aspen on 30 April 2020 to pursue opportunities outside of the business.

Prior to joining the firm, Chidwick served as CFO at financial advice network Openwork Limited, a role he held since March 2018. From September 2005 to August 2014 he was CFO of Admiral Group Plc and was appointed to the Admiral Group Board in 2006.

Cloutier commented: “Kevin is an extremely accomplished financial services executive who has held a number of senior roles within diverse and successful companies. His proven track record of growing businesses through his strategic insights and strong financial acumen make him an exciting hire for Aspen at this time in our evolution. Kevin joins an industry-leading executive team with significant strength and expertise and I look forward to working closely with him as we unlock the potential within our business and focus on total value creation. “I would like to thank Scott Kirk for his significant contribution to Aspen over a number of years and to wish him well with his future endeavours.”