AlphaCat Managers appoints CFO

AlphaCat Managers, the ILS investment adviser that is a subsidiary of Validus Holdings, has appointed Jo Anne Stanton as senior vice president and chief financial officer of AlphaCat.

Stanton joined the company in 2009 and most recently served as vice president and controller. Prior to joining AlphaCat, she was an interim professional with contracts in senior accounting and financial controller positions at companies including major reinsurers and fund administrators. Prior to that, she was a manager with PricewaterhouseCoopers

Lixin Zeng, chief executive of AlphaCat said: “Jo has been an asset to AlphaCat since its inception and has been instrumental in the business’s growth and success. I am pleased that she has accepted this leadership position and I am confident that we will continue to benefit from her expertise as she oversees the financial reporting and operations of AlphaCat.”