Aspen appoints new group CIO

Aspen appoints new group CIO | Insurance Business Asia

Aspen appoints new group CIO

Aspen Insurance Holdings Limited has announced the appointment of Aileen Mathieson as group chief investment officer. Mathieson will be based in London and will join the group executive committee.

Mathieson has more than 15 years of investment and financial experience. Prior to joining Aspen, she served as global head of insurance at Aberdeen Standard. Before that, she served as CIO of UK life for Zurich. She has also held senior finance roles at Nucleus Financial Group, Standard Life Group, Diageo, and EMI Music. She began her career at KPMG.

Mathieson succeeds Bryan Astwood, who is retiring. Astwood will continue to serve as an advisor to group executive chairman and CEO Mark Cloutier and will remain a director of Aspen Bermuda Limited.

“I am delighted that we are appointing an individual of Aileen’s calibre as our new chief investment officer,” Cloutier said. “During a time when we are seeing increased periods of heightened market volatility, it is important that we are managing our investment portfolio effectively and proactively to deliver positive investment returns, complementing our strategic focus on driving disciplined underwriting performance.

“Aileen brings an impressive track record in managing investments in the insurance sector, and, with her excellent leadership experience and strong communication skills, I look forward to her being an active and engaged member of our executive team.”

“I’m excited to join Aspen; the opportunity to join a dynamic organisation with strong momentum and a clear vision for its future was compelling,” Mathieson said. “I look forward to working with Mark and his team to lead the investment function and to delivering positive returns for the group while continuing to support the business’ ongoing balance-sheet strength.”