Holborn hires new CFO from Goldman Sachs

US-based independent reinsurance brokerage Holborn Corporation has appointed Goldman Sachs' Timothy Amman as its executive vice president and chief financial officer (CFO).

Amman will be based in New York City and will report to Frank Harrison, chairman of the board and chief executive officer. As CFO, he will be responsible for all financial matters of the firm, including strategic financial planning, corporate accounting, financial reporting and account services.

With nearly 30 years of experience in the financial services industry, Amman joins Holborn from Goldman Sachs, where he was a managing director and held a number of roles within the firm's controllers team since 2008. Most recently, he was the North America legal entity controller and controller of Goldman Sachs Bank USA. During his time at the firm, he also led the competitor financial analysis function as well as firmwide SEC and public earnings reporting. Previously, Amman worked at JPMorgan Chase in several financial and operational roles within Investment Bank Finance and Risk. Prior to joining JPMorgan Chase, he was a manager in the broker-dealer audit practice of PricewaterhouseCoopers LLP in New York.

"Tim's versatility and acumen make him an ideal fit for our executive management team. His extensive financial background and, above all, his integrity are valuable resources for our clients and will further enhance our ability to support them as we continuously improve our service offering," said Harrison. "The timing of his arrival is ideal as we set our course for Holborn's next 100 years."

Amman commented: "I am impressed by Holborn's dedication to its clients and by the high caliber of its employees, which distinguishes the firm in the market and has contributed to its success for 100 years. I'm excited to work with Frank and the management team to advance Holborn's strategic vision, protect the firm and help ensure Holborn's continued success."