Hovey resigned from Cooper Gay chief executive role last year

Lloyd’s broker Besso has hired former Cooper Gay chief executive Sam Hovey as chief financial officer.

Hovey resigned from the top job at Cooper Gay, the Lloyd’s broking division of Cooper Gay Swett & Crawford, in November last year following the company’s purchase of Newman Martin and Buchan (NMB).

Cooper Gay is now run by NMB chief executive Gordon Newman.

Before being promoted to chief executive in April 2012, Hovey was Cooper Gay’s chief financial officer.

Besso chairman Colin Bird said: “We are thrilled Sam has decided to join Besso. She has an impeccable reputation within the Lloyd’s market and her experience with the implementation and delivery of company strategy and direct management of a finance team will be invaluable.

“Sam is the ideal candidate to help Besso progress into its next stage of development and international growth. Her appointment is a strategic hire that will help maximise profitable growth and her leadership skills will be invaluable to Besso. I warmly welcome Sam to the company and look forward to working with her.”

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