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Group swoops for former Lloyd’s of London CFO

Group swoops for former Lloyd’s of London CFO | Insurance Business

Group swoops for former Lloyd’s of London CFO

It was in April that Allianz alumnus Burkhard Keese succeeded John Parry as chief financial officer at Lloyd’s of London. Now it’s been revealed where Parry is taking his “impeccable” financial services and regulatory credentials.

Bermuda-based Armour Group Ltd has recruited the former Lloyd’s executive to serve as group CFO. He is taking on the post next month.

“I am pleased to join Armour and excited about the significant opportunities for growth and development of the company,” commented Parry, who was finance director at various managing agents before coming onboard Lloyd’s in 2001.

“Armour has a best-in-class team and I look forward to working with them to further the company’s strategic objectives.”

Backed by Aquiline Capital Partners, Armour is a group of (re)insurance and service companies specialising in the creation and implementation of solutions and acquisitions within the run-off insurance marketplace.

“We are delighted that John has agreed to join Armour as group CFO,” said Armour chair and chief executive Brad Huntington. “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.”