Global specialty insurer Torus announced that Tim Harris will be joining the company as Group Chief Financial Officer, subject to regulatory approval.
He has more than 20 years’ experience in financial and capital management, and will also be appointed to the Group’s Holdings Board and will become a member of Torus’ Executive Committee, reporting to Clive Tobin, Group Chief Executive.
In addition to his post as CFO, Harris will also assume direct supervision of Torus’ Operations team headed by Michael Kim.
Harris is currently the Deputy Group Chief Financial Officer and Chief Capital Officer of Aviva plc, where “he is responsible for leading the group capital team with specific responsibility for managing capital across Aviva, including treasury, asset & liability management, reinsurance and Solvency II,” the announcement said. He previously served as CFO for Aviva Europe and Chief Accounting Officer of Aviva plc.
Prior to joining Aviva, Harris was a Partner in the Global Capital Markets practice at PricewaterhouseCoopers. He is a Graduate of Durham University and Warwick Business School, a Fellow of the Institute of Chartered Accountants and a Chartered Insurance Practitioner.
Tobin described Harris joining Torus as a “key appointment,” in recognition of his “deep experience across finance, treasury and capital markets.” Tobin added that these sectors would “become increasingly important in the next phase of our strategic development.”
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