The new hire succeeds Scott Kirk, who is leaving the firm at the end of April

(Re)insurer Aspen Insurance Holdings has appointed Kevin Chidwick as its new group chief financial officer, effective from 1 May 2020.

Chidwick, who will report to executive chairman and group chief executive Mark Cloutier, succeeds Scott Kirk in the role – Kirk is to leave Aspen on 30 April in order to pursue opportunities outside of the organisation.

Previously, Chidwick has worked as chief financial officer at advice network Openwork as well as at insurer Admiral Group – he was appointed to the firm’s board in 2006. He also acted as chief executive at between 2010 and 2011.

Cloutier said: “Kevin is an extremely accomplished financial services executive who has held a number of senior roles within diverse and successful companies.

“His proven track record of growing businesses through his strategic insights and strong financial acumen make him an exciting hire for Aspen at this time in our evolution.

“Kevin joins an industry-leading executive team with significant strength and expertise, and I look forward to working closely with him as we unlock the potential within our business and focus on total value creation.

“I would like to thank Scott Kirk for his significant contribution to Aspen over a number of years and to wish him well with his future endeavors.”

Aspen offers insurance and reinsurance to domestic and global markets through wholly-owned subsidiaries and offices in Australia, Bermuda, Canada, Singapore, Switzerland, the UK and the US.

As at the end of December 2019, the firm reported $12.6bn in total assets and $3.4bn in gross written premium (GWP).