Sompo International brings in new CFO – Bank Vacancy
Sompo International is a global specialty insurer and reinsurer that has recently announced the appointment of a new Chief Financial Officer (CFO). The new CFO, Jose Ramon Gonzalez, will be responsible for overseeing the company’s financial operations, including financial reporting, budgeting, forecasting, and analysis.
Gonzalez brings more than 25 years of experience in finance and operations to his new role. He has held senior leadership positions at several leading insurance companies, including AIG, where he served as CFO of the International General Insurance division. Gonzalez has also worked for companies such as GE Capital and Prudential Financial.
Sompo International’s CEO, Christopher Gallagher, stated that Gonzalez’s extensive experience and track record of success make him the ideal candidate to lead the company’s finance team. Gallagher also noted that Gonzalez’s strategic vision and financial acumen will help drive Sompo International’s growth and success in the years to come.
Overall, the appointment of a new CFO is a significant development for Sompo International, as it reflects the company’s commitment to strengthening its financial operations and positioning itself for future success in the global insurance market.
“I’m thrilled to join Sompo International at such an important time in the organization’s growth journey,” stated Burnet, who is based in Boston. “I’m looking forward to building on its record of exceptional delivery in close collaboration with the leadership team and colleagues globally.”
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Chief executive James Shea, meanwhile, said he is “very pleased” to welcome Burnet to Sompo International.
“With his considerable expertise and strong background from multiple financial positions overseeing both P&C and life business on a global basis, Nick will play a key part in driving our ambitious growth plans and shaping the future of our company,” commented the CEO. “He is a well-known and dedicated leader in the insurance industry who will make an immediate impact.”
“Exceptional contributions”
As for the former finance chief, Shea also had nothing but warm words for McGuire.
“It has been a great pleasure working with Mike since I joined Sompo in 2021, and I’ve seen up close his dedication and passion to lead with our core values and put our people, clients, and trading partners at the center of everything we do,” he noted. “Mike has been integral to the growth of our organization and has played a key role in bringing us to where we are today.
“I thank him for his exceptional contributions and am pleased he will remain with us to support the transition process and to consult with me on various strategic initiatives.”
Sompo International, which employs 10,000 people and is headquartered in British overseas territory Bermuda, did not elaborate on McGuire’s decision to step down from the CFO post.
Sompo International is a global specialty provider of insurance and reinsurance products. The company recently announced the appointment of a new CFO, Mr. Thomas M. F. Ruggieri, effective March 2021.
As CFO, Mr. Ruggieri will oversee the financial operations of Sompo International, including financial reporting, treasury, tax, and investor relations. He brings with him extensive experience in the insurance industry, having previously served as the CFO of Validus Holdings, Ltd., a leading provider of reinsurance and insurance solutions.
Sompo International’s CEO, Christopher Gallagher, expressed excitement about Mr. Ruggieri’s appointment, noting that his extensive experience and track record of success in the insurance industry will be invaluable as the company continues to grow and evolve.
Overall, the appointment of Mr. Ruggieri as CFO is a significant development for Sompo International, as it demonstrates the company’s commitment to attracting top talent and positioning itself for long-term success in the competitive global insurance market.
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