DARAG fills senior positions in core operations

European run-off insurance company DARAG has strengthened its core team with three senior appointments including Mike Trotman as chief financial officer (CFO), Alex Roth as head of M&A, and Jim Wilson as group chief transaction officer.

Trotman has previously served in a number of executive roles, spending the last 14 years as CFO of the private equity backed retailing businesses of TM Lewin and Hobbs. Prior to that, he held international finance director roles in the Oil & Gas contracting and intralogistic businesses of ABB and Aker respectively. Trotman began his career at Mercers Bryant CA, before becoming a manager at Deloitte Haskins & Sells.

Roth joined DARAG’s transaction team in February 2016. Prior to that, he worked at EY and an M&A boutique firm in Luxembourg in the field of distressed M&A and restructuring including crisis & turnaround management.

Wilson joined DARAG in April 2015 as group chief actuarial officer. Before joining DARAG, he moved to Cologne to set up KPMG’s first non-life actuarial practice with particular focus on USGAAP and then focussed on impact studies and auditing of internal models in the run up to Solvency II.

Stuart Davies, executive chairman of DARAG, said: "Mike is a consummate financial professional with a proven track record in senior positions. Alex brings a breadth of M&A experience both on the buy and sell side and his investment banking background is key to the strategic direction of the Group, and, in an ever more complex market environment, Jim’s transactional and actuarial expertise have become vital to DARAG’s core operations.

"Their appointment signals our intention to strengthen and grow the business, with substantial transactions in our core geographies in the pipeline. I am therefore delighted to welcome Mike to the DARAG team and look forward to working with him in the future."

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