Aspen Re chairman/CEO Americas leaves
Brian Boornazian, the chairman of Aspen's reinsurance segment and CEO of Aspen Re Americas, is to retire at the end of April.
Boornazian's current roles will not be replaced, Aspen said, adding that Emil Issavi will continue to lead Aspen’s reinsurance business in the Americas in his capacity as president and chief underwriting officer of Aspen Re.
Chris O’Kane, group chief executive officer, said: “I would like to thank Brian for his outstanding service to Aspen over the last 14 years. Under his leadership and with his sharp focus on execution, we have grown our reinsurance business significantly and enhanced our highly-respected position in our chosen markets. He has also made a significant contribution to our executive management capabilities and I know that I speak for everyone at Aspen in wishing him every success in the future.
“We have an outstanding team at Aspen Re under the leadership of Thomas Lillelund and Emil Issavi and are well positioned to sustain the long-standing success of the business moving forward.”
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