XL Capital Ltd has appointed Carol A. McFate as global treasurer of XL Global Services, a new position within XL.
McFate, who is also an executive vice president of XL Global Services, will be responsible for overseeing XL's global liquidity, funding, cash management, foreign exchange, balance sheet and capital management.
XL chief financial officer Jerry de St. Paer said: "Carol is highly experienced in the global insurance and reinsurance industry. This along with the combination of her depth of knowledge and experience in the financial industry will contribute greatly to XL's global business strategy."
