Torus Announces Appointment of Group Chief Financial Officer
15th February 2012
Torus, the global specialty insurer, announced today that Tim Harris will be joining the company as Group Chief Financial Officer, subject to regulatory approval.
Mr. Harris, who has more than 20 years’ experience in financial and capital management, will also be appointed to the Group’s Holdings Board and will become a member of Torus’ Executive Committee, reporting to Clive Tobin, Group Chief Executive. In addition to the finance function, Mr. Harris will also assume direct supervision of Torus’ Operations team headed by Michael Kim.
Mr. Harris is currently the Deputy Group Chief Financial Officer and Chief Capital Officer of Aviva plc, where he is responsible for leading the group capital team with specific responsibility for managing capital across Aviva, including treasury, asset & liability management, reinsurance and Solvency II, having previously served as Chief Financial Officer, Aviva Europe and Chief Accounting Officer, Aviva plc.
Prior to joining Aviva, Mr. Harris was a Partner in the Global Capital Markets practice at PricewaterhouseCoopers.
Mr. Harris is a Graduate of Durham University and Warwick Business School, a Fellow of the Institute of Chartered Accountants and a Chartered Insurance Practitioner.
Commenting on Mr. Harris’ appointment, Mr. Tobin said, “Tim is a key appointment for Torus. His deep experience across finance, treasury and capital markets will become increasingly important in the next phase of our strategic development. I also look forward to him joining our leadership team and playing an integral part in shaping Torus’ future.”