Former Marsh finance director joins group.
Hyperion Insruance Group has appointed Eric Fady as Group Finance Director.
Fady previously served as Finance Director for Marsh Europe Middle East and Africa from 2003 to 2007, and CFO and Vice President for Strategy Implementation for Dun & Bradstreet Europe & Middle East from 1999 to 2002.
Commenting on the development Hyperion Chief Executive David Howden said: “I am delighted that Eric has joined us at such an exciting time and he will be a hugely valuable member of our team as we embark upon the next stage of growth.
"In April 2008 we successfully concluded negotiations with 3i Growth Capital which has now become a significant minority investor in the Group. In addition to its initial investment of £28.3 million, 3i has committed a further £25 million towards our planned expansion in Asia and other key markets.
"3i’s expertise and financial muscle along with Eric’s fantastic experience and skills will prove invaluable as the Group continues to develop. ”
Fady added: “I am excited by the growth potential of Hyperion and am committed to ensuring that finance will be the business’ most trusted advisor and proactive partner.”