Pioneer appoints XL Catlin exec as chief financial officer

Pioneer Underwriters has appointed David Foster as group chief financial officer.

Foster will take up the position on 7 March, 2016. He will join the board of Pioneer Underwriting Holdings and relevant subsidiary boards.

He has financial experience in the specialty insurance sector, having held senior roles at XL Catlin, most recently as deputy corporate controller, playing a lead role in the integration of the finance departments of the recently merged group. Prior to this he was chief financial officer (CFO) of Catlin Group’s Bermuda operation and Catlin Group financial controller.

“Pioneer’s success over the last five years means we are now of the scale and breadth to require a CFO with the skill and experience of David Foster,” said Darren Doherty, chief executive officer, Pioneer Underwriters.

“I’m very much looking forward to welcoming David to Pioneer and working with him as we continue to develop the business in line with our long term strategy.”