Ascot recently announced the appointment of Will Chen as U.S. Chief Financial Officer (CFO).
In this position, Will has primary authority and oversight for the finance function at Ascot’s U.S. businesses which includes Ascot Specialty Insurance and wholly owned MGU, Ethos Specialty. Will’s role includes responsibility for the U.S. financial strategy as well as capital management, tax, FP&A and related operational processes, systems, and controls. Will is to report into Joe Roberts, Group CFO.
With over 25 years in the insurance sector, Will has held a number of senior financial roles including at AIG, AJG and Zurich. Most recently, Will served as U.S. CFO at Argo Group, overseeing the finance department within their domestic U.S. specialty business. Will holds an MBA in finance and accounting from New York University.
Commenting on the appointment, Joe Roberts said:
“Will is a recognized insurance practitioner with technical proficiency, leadership and management skills to help enhance our finance function across our rapidly growing U.S. businesses. I know he’ll be a valuable addition to our Company with his strong financial, accounting and strategic skills. I look forward to working closely with Will, knowing that his experience and assistance will help ensure our global finance organization pursues its key priorities and strategies.”
Will Chen added:
“I’m thrilled to join Ascot at this pivotal phase of the Company’s development. The unique mission, purpose and strategic vision that Ascot has makes our Company a compelling growth proposition. I look forward to collaborating with Joe, Jon Zaffino and all the talented colleagues across the Company as we continue to promote the Ascot Way and expand our presence in North America.”