Tuesday, December 3, 2024
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Davies picks group finance chief

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Davies picks group finance chief | Insurance coverage Enterprise America















Predecessor departing after 12 years

Davies picks group finance chief


Insurance coverage Information

By
Terry Gangcuangco

Skilled providers and know-how options supplier Davies has introduced the appointment of Amber Wilkinson (pictured) as group chief monetary officer becoming a member of later this yr.

As a part of her CFO position, Wilkinson will turn out to be a member of the group government committee at Davies. She is taking on from Tony Debiase, who’s stepping down after a profitable 12-year stint as finance chief.

A chartered accountant who skilled at PwC in London, Wilkinson can be making the swap from international regulation agency DLA Piper. She has held the CFO place there since 2021. Wilkinson’s profession additionally consists of greater than a decade at AXA, the place she served in senior management posts corresponding to AXA Well being and Bluefin Insurance coverage CFO and mergers & acquisitions head for AXA UK & Eire.

The management change follows Davies’ latest announcement of a £1.5 billion refinancing of its senior debt services. The transfer will scale back the corporate’s annual curiosity bills, lengthen debt maturities to 2031, and supply a brand new credit score line to help its ambitions in M&A, know-how, and synthetic intelligence.

In the meantime, Wilkinson had this to say about her upcoming position: “I’m excited to be becoming a member of Davies as group CFO at what’s a pivotal time, because the enterprise seeks to additional internationalize, and put money into know-how and consumer service.

“Davies has delivered spectacular progress over the previous decade, whereas additionally holding on to an important tradition, supported by its worker possession applications. I stay up for working with Dan and the broader management workforce as we ship for our purchasers and stakeholders.”

Group chief government Dan Saulter commented: “I’m thrilled that now we have been in a position to appeal to somebody of Amber’s caliber and ambition to Davies, and I’m delighted to welcome her as our new group CFO.

“Amber’s expertise in worldwide enterprise, skilled providers, insurance coverage, and M&A is a superb match for Davies as we search to execute an formidable future technique. I’m additionally very grateful to Tony for his lengthy and distinguished service at Davies. All of us want him the perfect for the long run.”

Over the previous decade, Davies has seen substantial progress, increasing its income 25-fold. The corporate now employs over 8,500 folks throughout greater than 20 international locations.

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