FG Financial appoints experienced CFO following retirement
FG Financial Group, a reinsurance and investment management holding company focused on collateralized and loss capped reinsurance, has replaced its chief financial officer with an experienced reinsurance executive involved in many Bermuda companies.
John Hill, who has been CFO since the founding of the company, will retire and be succeeded by Hassan Baqar (pictured), the founder and managing member of Sequoia Financial. Baqar has also served as CFO of a number of other firms including Insurance Income Strategies, a Bermuda based reinsurance company; GreenFirst Forest Products; Fundamental Global Reinsurance; and FG New America Acquisition Corp.
The company also announced that Brian Bottjer has been appointed chief accounting officer. Since 2014, Bottjer has been a senior vice president at FG Financial. From 2006 to 2014, he was controller at Biovest International. Previously he served as Assistant Controller at Stewart Title and began his career as Account Supervisor at Raymond James Financial from 2000 to 2005.
Larry Swets, the Company’s CEO, said: “First and foremost, I would like to congratulate John Hill and thank him for his numerous contributions to FG Financial Group during his tenure as Chief Financial Officer. John was with us at our founding and during his tenure he has played an important role in a number of the company’s strategic and financial business initiatives. We wish him a happy and well-deserved retirement.
“We are extremely excited to announce Hassan Baqar as our new Chief Financial Officer. Hassan brings a wealth of valuable knowledge to this role including extensive reinsurance and SPAC experience. I have worked with Hassan directly for many years and look forward to FG Financial benefiting from his broad experience and business acumen. We are also pleased to appoint Brian Bottjer to the position of Chief Accounting Officer. Brian has been an integral member of the team since 2014, has deep knowledge of our business and finances and will play an important role at the company as we grow.”
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