Tokio Marine Kiln (TMK) has appointed of Reeken Patel as chief financial officer (CFO). He joins TMK on Oct. 1, when he takes over from James Dover who has chosen to leave the business after 12 years at TMK and eight years as its CFO.
Patel was previously group CFO at Novae, responsible for overseeing the finance, risk, actuarial and investment teams. He played a significant role in Novae’s strategic development, ultimately overseeing the sale of the business to AXIS Capital Holdings in October 2017. Before Novae, Patel was a partner at PwC and its London market actuarial practice leader.
Patel’s appointment subject to regulatory approval.
Charles Franks, group CEO, said: “I am really pleased to welcome Reeken to our team at TMK. His background and outstanding track record speak for themselves and he will bring a new perspective and energy to the development of our business. Tokio Marine has developed a powerful international presence over the past 10 years and Reeken will be key to ensuring we continue to advance our strategy within the TM Group.
“James leaves us after 12 transformative years during which his skills, insight and drive have played an important role in broadening the scope of the business globally. He has my and the board’s personal thanks for his many lasting achievements. We wish him every success in his future.”
Source: Tokio Marine Kiln
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