Ahamed Named to Aspen Board

Bermuda’s Aspen Insurance Holdings Limited has appointed Liaquat Ahamed to the Board as a non-executive director with immediate effect. He has also joined the Board’s Investment and Risk Committees.

The bulletin noted that “Ahamed has a distinguished background in investment management with leadership roles that include heading the World Bank’s investment division, and Chief Executive Officer of Fischer Francis Trees & Watts, Inc., a subsidiary of BNP Paribas specializing in institutional single and multi-currency fixed income investment portfolios. He is currently an adviser to the Rock Creek Group, an investment firm based in Washington D.C., a Board Member of the Rohatyn Group, and a member of the Board of Trustees at the Brookings Institution.” He holds an undergraduate degree from Trinity College, Cambridge University and an M.A. in Economics from Harvard University.

In addition to his business experience, Ahamed has “written extensively on economics and finance issues, the announcement noted. “His most recent work entitled, “Lords of Finance – a history of economic policies of the 1920s leading to the Great Depression”, is scheduled for publication in 2008.”

Aspen Board Chairman Glyn Jones commented: “I am very pleased that Liaquat, with his extensive expertise in fixed income securities, has joined our Board. As Aspen’s investment portfolio has grown, it has taken on an increasingly important role in Aspen’s business and future success. I look forward to Liaquat’s strategic contribution to Aspen’s investment direction and the Company in general.”

Source: Aspen – www.aspen.bm.