The insurance intermediary group PIB Group Ltd (PIB) has today revealed a revamp of its executive team in preparation for what it describes as ‘Chapter Three’ in its evolution.
In a Press release, PIB noted that the overhaul will see internal movements as well as the addition of external talent to bolster the group’s ambition to build a leading specialist and diversified pan-European insurance distribution business.
Effective immediately, Onno Janssen is stepping into the newly created role of CEO for Europe, while Matthew Crane steps up as CEO for underwriting. Current group CFO Ryan Brown has been appointed as deputy group CEO and will transition into the role in the coming weeks – assuming further leadership responsibilities and focusing on supporting group CEO Brendan McManus.
Commenting on the move, Brown said he had enjoyed six incredible years as CFO and was delighted to be helping lead the next stage of the group’s evolution. It feels, he said, like a natural step in both his and PIB’s journey, and one which will free him to spend more time with the group’s businesses and teams, as well as its divisional CEOs.
PIB also highlighted that Bernard Mageean is retiring, facilitated by the arrival of Matthew Crane, while Fiona Andrews who is currently the group’s chief people officer will retire at the end of the year. Both Brown’s and Andrew’s successors have already been secured and will be announced in the coming weeks.
Meanwhile, Nick Mountifield who is MD for PIB’s schemes & affinities also joined the executive team earlier this year. Elsewhere in the group, new hire Gavin Buckley will take over the reins from Andy Tedstone to spearhead insurer strategy and engagement across the group. This will allow Tedstone, who currently holds a dual role, to focus his attention as CEO to Cobra Network and its increasing membership.
Discussing the changes, McManus said he was thrilled to welcome Janssun, Crane and Buckley to the group, and that their “broad experience and skills” would play a critical part in delivering its growth and international aspirations.
“At the same time, I want to congratulate Ryan on his promotion to deputy group CEO and wish Fiona and Bernard all the best in their forthcoming retirements,” he said. “I personally feel really proud of these movements and appointments, which are testament to the types of opportunities we have within PIB to grow our talent and look after people, as well as being an attractive career destination to highly experienced newcomers.”
