World insurance coverage group Decision Life – which has operations in Bermuda, the UK, the US, Australia, and New Zealand – has employed Simon Woods as group chief monetary officer.
A PwC, HSBC, and UBS alumnus, Woods was insurance coverage financing head at Goldman Sachs’ funding banking division in London earlier than his transfer to EY in Zürich the place he led shopper companies for advanced strategic change and was accountable for a variety of senior shopper relationships throughout insurance coverage.
“Simon’s expertise positions him to play an instrumental function at Decision Life as we proceed to develop by means of M&A (mergers and acquisitions),” mentioned Decision Life govt chair Sir Clive Cowdery.
“He already is aware of the enterprise properly, and I look ahead to working with him because the group helps much more international insurers to launch capital by offering a protected long-term dwelling for policyholders.”
Reporting to Cowdery, Woods will be part of the chief committee and shall be answerable for the monetary management of Decision Life, together with accounting, controlling, tax, investments, capital elevating and deployment, debt technique and administration, and treasury companies.
Commenting on his appointment, the incoming group CFO said: “I’m delighted to hitch Decision at a vastly thrilling time for the corporate and the business, and to assist drive continued progress.
“The business and societal want for long-term safe options for in-force insurance policies has by no means been higher, and Decision is uniquely positioned to deploy capital globally, and to offer full-service options throughout investments, biometric threat, and operations.”