Hyperion Insurance Group has appointed Mark Craig as group CFO and Mark Hudson to the role of group finance director – both appointments effective January 01, 2020.
Craig first joined Hyperion in 2017. He is currently serving as head of investments and debt capital markets, responsible for the group’s investment programme, including identifying, executing and financing mergers and acquisitions and other growth initiatives. Craig is also in charge of managing Hyperion’s treasury and cash reserves. As group CFO, he will join Hyperion’s group executive committee and the board of directors.
Hudson, meanwhile, joined DUAL, Hyperion’s underwriting business as CFO in 2016. He has more than 25 years of general insurance experience, having served in roles such as director of finance and operations at Novae Group. A release said that on top of his new responsibilities as group finance director, Hudson will keep his current responsibilities as group CFO & CRO for DUAL.
Both Craig and Hudson succeed Richard Houghton in his role as interim group CFO. Houghton will leave Hyperion later this year.
“As we look to the next 25 years, Mark and Mark are well placed to support us in our next stage of growth,” commented Hyperion CEO David Howden. “Hyperion is a ‘people first’ organisation and these promotions are a testament to the strength of the talent we have within the group and the bench strength of our finance team.”
Howden also issued a statement thanking Houghton for the support he has provided to Hyperion over the course of the last year.