Hyperion seeks new CFO as Corbett decides to leave at year end

Intermediary Hyperion Insurance Group's chief financial officer (CFO) Oliver Corbett has decided to leave the company to pursue other opportunities.

Corbett will remain in his role as CFO and a member of Hyperion’s group executive committee and the board of directors until 31 December 2018.

The board has commenced a formal search for Hyperion’s next CFO, according a company statement.

David Howden, CEO of Hyperion, said: “Oliver has made a substantial contribution to the Group since 2015 in terms of ensuring that the Group’s finance function has the necessary and relevant expertise. This has been highlighted by a series of debt refinancings and the group’s ability to attract an investor of CDPQ’s quality.

Hyperion completed the investment by Caisse de dépôt et placement du Québec (CDPQ) in late 2017, and debt refinancings in the earlier part of 2018.

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