Insurance service provider Davies Group has unveiled senior promotions to accelerate its investment and rollout plans, following minority investment from Alberta Investment Management Corporation (AIMCo).
Matt Button has been promoted to the newly created role of chief corporate development officer. In addition to his existing M&A responsibilities, Button will focus on group strategy and stakeholder management, as well leading and executing Davies’ plans for the acceleration of its international rollout. He will continue to report to group CEO, Dan Saulter.
Aditionally, Iva Ivanova has been promoted to M&A director, reporting to Button. Ivanova will take on new responsibility for sourcing and executing new acquisition opportunities to support the company's strategy to add complementary businesses and specialisms to the group, alongside its growth ambitions and investment in digital transformation.
Since HGGC’s investment in January 2017, Davies has completed 11 acquisitions and claims to have delivered double-digit annual organic growth. In January 2019, AIMCo acquired a minority stake in Davies.
Dan Saulter, Group CEO of Davies said: “We take great pride in developing and investing in talent and leadership at Davies. These new senior roles for Matt and Iva are thoroughly deserved and I look forward to working closely with them and our wider global team, as we continue to invest in deeper domain expertise and in digital transformation in order to become more valuable for our 450 insurance, highly regulated and global clients.”
Button commented: “We have a great opportunity to drive forward our plans for continued growth and investment, particularly in Continental Europe and North America. We have strong connectivity and dialogue with like-minded businesses across these territories. I am thrilled to take on this new role in the group and I look forward to continuing to play my part in our exciting Davies story.”
Davies Group, AlMCo, Appointment, Insurance, Investment, Growth, Promotions, North America, UK