Tokio Marine Kiln (TMK) has appointed of Reeken Patel as chief financial officer (CFO). He joins TMK on Oct. 1, when he takes over from James Dover who has chosen to leave the business after 12 years at TMK and eight years as its CFO.
Patel was previously group CFO at Novae, responsible for overseeing the finance, risk, actuarial and investment teams. He played a significant role in Novae’s strategic development, ultimately overseeing the sale of the business to AXIS Capital Holdings in October 2017. Before Novae, Patel was a partner at PwC and its London market actuarial practice leader.
Patel’s appointment is subject to legal approval.
Charles Franks, Group CEO, said: Fr Welcome to Reeken from TMK to our team. The background and an unusual registry record speak for themselves and bring a new perspective and energy to the development of our business. In the last 10 years, Tokio Marine has developed a strong international presence, and Reeken will play a key role in our TM Group to continue advancing our strategy.
Or After 12 transformational years, James is leaving us at a time when his talents, insight and discipline play a key role in expanding the scope of the global business. I have a personal thank you for the many lasting successes of me and the board. We wish every success in the future. “
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