Aspen Insurance Group announced changes to its leadership team, effective August 1, aimed at creating more powerful and accountable executive roles that align with the company’s current priorities.

In the newly formed team, Christian Dunleavy (pictured) has been promoted to Group President and will also serve as CEO of Aspen Bermuda. Dunleavy will have overall responsibility for Aspen’s underwriting, claims and business development strategy, reporting to CEO and Group Chief Executive Officer Mark Cloutier.

Dunleavy joined Aspen in 2015 as Global Head of Property Reinsurance, becoming Group Head of Underwriting in 2022, having gained more than 25 years of (re)insurance experience.

Meanwhile, the changes include Mark Pickering taking over as group chief financial officer and treasurer next month. Pickering, who has more than two decades of experience in the (re)insurance industry, joined Aspen in September 2015 as group treasurer.

The new CFO will become Group Chief Capital Officer in 2021 and CEO of Aspen Bermuda in 2022. He will step down from the top role at Aspen Bermuda when he succeeds Chris Coleman as Group Chief Financial Officer. Coleman will leave the company at the end of the month, having played a key role in Aspen’s financial transformation.

In addition, the leadership restructuring includes increased responsibilities for Group Chief Operating Officer Rob Houghton, while Mo Kang will take on broader roles as Group Chief Corporate Affairs Officer and Chief Human Resources Officer.

“The appointments create a stronger, more defined leadership team for Aspen as we plan for the future and continue to look for more opportunities to drive continued profitable growth,” Cloutier said, unveiling the revised lineup.

“Christian, Mark, Robert and Mo are excellently positioned to lead Aspen’s largest functions, and together with the rest of the Group Executive Committee, they continue to drive improved collaboration and efficiency.”

“I thank Chris for his contributions to Aspen as CFO over the past two and a half years and wish him every success in the future,” he added.

“The changes we have made… are a reflection of the fact that Aspen is now at a different point in its journey, with different priorities, and I am confident that this is the right structure and team to lead the business to continued success in the future.”

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