Nexus CIFS appoints chairman and MD

Credit insurer Nexus CIFS has reshuffled its business as Bob Lilley, the managing director, is appointed as executive chairman. Richard Marriage succeeds him.

Marriage will take up his new role in March 2015 when he will assume full operational responsibility for the CIFS business.

Marriage previously worked for CIFS when it was founded in 2000, where he was underwriting manager for the business with a main focus on new business, risk and system administration. In 2010 he left to join Euler Hermes World Agency (EHWA).

Colin Thompson, chief executive officer of the Nexus Group, the specialty managing general agency and parent of Nexus CIFS, said: “After much thought and consideration, Bob has decided to step aside from his role as managing director of Nexus CIFS and assume the role of executive chairman where he will continue to move the business forward by providing stability, leadership and direction.

Bob has proven to be an admirable founder, architect and leader of CIFS and he will remain at the forefront of its growth and development with his ideas and thoughts for the future.”

“Clearly this is a major change for the company, but a very positive and stable one, whereby the combination of Richard as managing director and Bob as executive chairman, together with the expertise and leadership of Neil and Sue, we can really drive the business forward into its next phase of growth and innovation.”

Lilley said: “I am very pleased that Richard, whom we know well, is coming back into the fold to support client services director Sue Morley and risk director Neil Payton - who have both shown great leadership and success with their respective teams - and this combination of talent will make the company even more of a force to be reckoned with.”