Hat-trick of new appointments at Xenia Broking to execute growth plans

Credit insurance and surety specialist Xenia Broking Group has lined up experienced leaders to execute its ambitious growth plans as it prepares to  separate from the Nexus Group.

Specialty managing general agent Nexus announced in August 2020 that it will unite its trade credit brokers under the Xenia trading name and launch it as an independent entity.

The company has made three senior appointments to its board, with Simon Pyper named chief financial officer (CFO), Alun Sweeney as a non-executive director and Mark Whiteley promoted to director.

Pyper was most recently CFO and CEO at Be Heard, a media company, and prior to that he was CFO at GlobalData for 10 years.

Sweeney has recently retired from his role as country head of Atradius UK where he was for over 20 years. Prior to that, he was at the Norwich Union for 10 years.

Whiteley has been at CRS (now trading as Xenia) since 2005 and prior to that he was employed by Aon Risk Services for 14 years.

Tim Coles, CEO of Xenia Broking Group, said: “These appointments are another formative step for Xenia, adding great bench strength for the exciting times we have ahead as we prepare for the potential separation from Nexus, and execute our ambitious growth plans."

Pyper added: “Xenia has a clear opportunity to become the leading specialist trade credit and surety broker internationally. I am hugely excited to be on the team and to playing my part in making the vision a reality!”