Aspen Appoints Kelso to Board

Bermuda-based Aspen Insurance Holdings Limited announced that the Company’s Board of Directors has appointed David B. Kelso to the Board in a non-executive capacity. He was also appointed to the Audit and Investment Committees of the Board.

“Kelso is the former Executive Vice President, Chief Financial Officer and Managing Director of Chubb Corporation in Warren, NJ. The addition of Mr. Kelso brings the total number of Directors to 10 and the number of independent Directors to six,” said the announcement.

Board Chairman Paul Myners commented: “I am confident that David’s financial expertise and considerable business experience will benefit Aspen as we continue to build our franchise. I look forward to working with David and expect that his addition to the Board will broaden our collective skill set and further the Board’s efforts to provide sound guidance to the Company.”

The bulletin noted: “Mr. Kelso is currently a financial advisor for Kelso Advisory Services, a company he began in 2003 following two years with Aetna, Inc. in Hartford, CT serving as Executive Vice President, Strategy and Finance. From 1996 to 2001 Mr. Kelso was Executive Vice President, Chief Financial Officer and Managing Director of Chubb Corporation in Warren, NJ. Prior to Chubb he held senior management and financial positions with First Commerce Corporation in New Orleans, LA. From 1982 to 1992 Mr. Kelso worked for the Gemini Consulting Group in Washington, DC where he was Partner, North American Banking Practice. Prior to that Mr. Kelso spent a year as an Associate with GE Information Services Company after beginning his professional career at Chemical Bank in New York, NY as an Associate. Mr. Kelso holds a B.A. in English from Princeton University and an MBA in Finance and Marketing from the Darden School of Business, The University of Virginia.”