RenaissanceRe Holdings Ltd. announced that Jeffrey D. Kelly, its chief financial officer and chief operating officer, is retiring.
Kelly, 62, will be succeeded as CFO by Robert Qutub, effective Aug. 8, 2016, and will remain as chief operating officer until Sept. 15, 2016. Following his retirement, Kelly will serve as an adviser to the company during the next 12 months, RenaissanceRe said in a statement.
“Our entire team is grateful to Jeff for all he has accomplished over his seven years as chief financial officer at RenaissanceRe,” said Kevin O’Donnell, chief executive officer.
“Since joining us in 2009, Jeff has led a significant enhancement in our financial and strategic planning functions, strengthening our team and delivering outstanding results,” O’Donnell continued. “From the leadership he provided during the Platinum acquisition to his input and insight as a member of our executive team, Jeff has contributed meaningfully to our ongoing success.”
Qutub will join the company as executive vice president and CFO on Aug. 8. Most recently, he was CFO and treasurer for MSCI Inc., from July 2012 to May 2016, where he managed all aspects of SEC reporting, treasury, investor relations, financial planning and internal controls.
Prior to MSCI, Qutub was with Bank of America for 18 years, where he held several segment CFO roles, most notably for Global Consumer and Business Banking, Global Banking and Markets and Global Wealth Management.
He holds a Bachelor of Science in Accounting from the University of North Carolina at Charlotte and is a member of the American Institute of Certified Public Accountants. He also served in the United States Marine Corps and is currently on the Board of Directors of USAA Federal Savings Bank.
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