Enstar Group CFO to step down; replacement named

Mark Smith, chief financial officer of Bermuda-based Enstar Group, will step down at the end of the year, and move into a consulting role. Smith has served as Enstar's CFO since August 2015.

Guy Bowker, chief accounting officer and deputy CFO, will succeed Smith in the CFO role starting 2018.

Bowker joined Enstar in September 2015. Previously, he served as senior vice president - controller of Platinum Underwriters Holdings, and as director of finance for AIG in Bermuda.

Dominic Silvester, chief executive officer, said: "Mark has played an essential role during an important period in Enstar’s growth, and I am grateful for his contributions. When he joined us in 2015, his key objectives were to strengthen the Group Finance function and to develop a successor, which he has now accomplished."

"In Guy Bowker, we have identified a talented professional whose expertise and dedication make him an excellent successor to Mark," Silvester added. "I am confident that as CFO and a member of the executive leadership team Guy will be able to make an even more significant contribution to Enstar. Mark and Guy will prepare for the transition throughout the year, and Mark will continue his work with Enstar as a senior advisor after January 1, 2018."

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