Aspen Insurance Holdings Limited has announced a number of management changes, including a new group general counsel.

Mark Cloutier, executive chairperson and group chief executive officer, commented: “As we continue our focus on operational improvement and strengthening Aspen's competitive position, it is essential we have the right talent to execute on our strategy, serve brokers and customers, and drive to enhance the long-term value of our business. I am confident the leadership team, including the new members we are announcing today, is well equipped to meet the challenge of leading Aspen through its next chapter of change and profitable growth.”

The changes are:

• Mike Cain, previously group general counsel, has been appointed group chief operating officer and will remain chief executive officer of Aspen UK for a transition period, subject to regulatory approval;
• Silvia Martinez, previously associate group general counsel, has been appointed group general counsel and company secretary and to the group executive committee;
• Tim Aman, in addition to his current role as group chief risk officer, will assume lead responsibility for outward reinsurance/retro analysis, structuring, and placement;
• Bryan Astwood, group chief investment officer, has been appointed to the group executive committee;
• Jonny Atkinson, in addition to his current role as global head of insurance marketing and distribution, has been appointed head of insurance for London;
• Christian Dunleavy, in addition to this current role as managing director of Aspen Re and chief underwriting officer of Aspen Bermuda Limited, has been appointed chief executive officer of Aspen Bermuda Limited;
• Marcus Foley, previously group head of capital management, has been appointed chief strategy officer, focused on developing and executing strategic corporate initiatives and performance analysis metrics and methods, and to the group executive committee;
• Paul Frydas, group chief actuary, has been appointed to the group executive committee;
• Zahir Petiwalla, performance officer and chief operating officer of Aspen Re, has been appointed deputy group chief operating officer; and
• Sarah Stanford, international head of financial institutions, will be appointed to the additional position of Lloyd's active underwriter of Syndicate 4711, subject to regulatory approval.

In a statement, Aspen added that Kate Vacher, who joined Aspen in 2002 and most recently served as group director of underwriting and chief executive officer of Aspen Bermuda Limited, is leaving Aspen to pursue personal interests. David Schick, former group chief operating officer, and Donald Harrell, former head of international insurance and global head of marine, are leaving Aspen effective immediately to pursue opportunities outside Aspen, the company said.