Aspen group COO leaves; replacement revealed

Bermuda-based Aspen Insurance Holdings has appointed David Schick as group chief operating officer, replacing Richard Thornton who is leaving the business after almost four years.

Schick joins Aspen from Maybank where he was executive vice president, group strategy and transformation and director of strategic operational excellence. At Maybank, he was responsible for driving effectiveness and efficiency group-wide, including within the insurance business. Prior to this, he was at Raiffeisen Bank International where he led transformational efforts from both a line and functional perspective.

Chris O’Kane, group CEO, commented: "David brings with him a wealth of business and strategic leadership as well as extensive experience of large change and transformation programs internationally. He will be responsible for leading our operational strategy across the Group including the delivery of our recently-launched effectiveness and efficiency program. We are delighted to welcome him to Aspen and he will be a valuable addition to our executive team."

"I would like to thank Richard for the contribution he has made to the business during his time with us and to wish him every success in the future," he added.

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