Managing general agent, Pen Underwriting has named Sarah Breslin as chief financial officer and joins its executive team, succeeding Praveen Panicker who is joining Gallagher’s corporate finance team.
Breslin joins the firm from Gallagher where she spent eight years, most recently as finance director of Corporate Services.
She began her career at PwC in audit & assurance and later worked for Deutsche Bank as a management information analyst.
Tom Downey, CEO of Pen Underwriting, said: “We are absolutely delighted to welcome Sarah to Pen as our new CFO. She brings a fantastic mix of professional experience, commercial acumen and strategic leadership. Sarah’s time as a finance director within the wider group, at a time of rapid growth through M&A and transformational change, will also stand her in great stead supporting Pen at this pivotal time as we look to accelerate our own growth through acquisition and organically.”
Adding: “We wish Prav all the very best in his new role, which is a great opportunity for him both personally and professionally. He has contributed a great deal to Pen during his time with us, both at executive level but also as a passionate leader and motivator of people.”
Breslin commented: “It’s hard to think of a more exciting time to be joining Pen. With its clear ambition to become a £1bn underwriting and distribution business, I’m really looking forward to working with Tom and the team to help the business expand and diversify at pace.”