XL Capital has announced that current chief financial & administrative officer of XL Re, John Hume, will relinquish his role to focus on his duties as chief financial officer of XL's global reinsurance operations.
Hume will also remain an executive vice president and director of XL Re. James O'Shaughnessy will take up the position of chief financial officer for XL Re.
Hume said: "James O'Shaughnessy will take over the day-to-day financial tasks for XL Re Ltd, allowing me to concentrate on the reinsurance segment issues. I would like to welcome James to the team and look forward to working closely with him."
