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Xenia Broking Group names chief financial officer

Xenia Broking Group names chief financial officer | Insurance Business

Xenia Broking Group names chief financial officer

Ex-GlobalData chief financial officer Simon Pyper is now the CFO at Xenia Broking Group. Pyper, who most recently served as chief executive and chief financial officer at media company Be Heard Plc, has joined the credit insurance and surety specialist following his garden leave.

“Xenia has a clear opportunity to become the leading specialist trade credit and surety broker internationally,” commented the new CFO. “I am hugely excited to be on the team and to play my part in making the vision a reality!”

Meanwhile, also appointed to Xenia’s boards are Alun Sweeney and Mark Whiteley. The latter has been with Credit Risk Solutions – which was acquired in 2017 and now trades under the Xenia brand – since 2005, while Sweeney makes the switch from Atradius UK after more than two decades at the firm. 

Read more: Nexus and Xenia to split up

“I have traded with the personalities and entities that comprise Xenia for many years,” noted Sweeney, an Aviva alum who has come onboard Xenia as a non-executive director. “I have long respected them and am now looking forward to helping them chart their way to onward success as they seek to evolve their specialist approach and experience for the benefit of their clients.”

Whiteley, whose credentials include 14 years spent at Aon Risk Services, described Xenia as “a business of great people” whose success is attributed to their focus on service and delivery of exceptional results for customers. He is now part of the company’s regulated boards.

Commenting on the development, chief executive Tim Coles stated: “These appointments are another formative step for Xenia, adding great bench strength for the exciting times we have ahead as we prepare for the potential separation from Nexus, and execute our ambitious growth plans.”