21 July 2014News

Athene Holdings appoints new CFO

Athene Holdings, the parent company of Bermuda life reinsurer Athene Life Re, has appointed Brenda Cushing as chief financial officer.

Cushing replaces David Johnson who is stepping down as CFO to locate closer to his family in Washington DC.

Cushing currently serves as CFO of Athene USA, a role she has held since Athene’s acquisition of Aviva USA in 2013.

Athene chairman and CEO, Jim Belardi said: “We are fortunate to have a deep bench of talent at Athene and Brenda is a great example. Her distinguished 21-year career in the financial services industry handling a variety of senior financial roles, including CFO at Athene USA, will bring continuity and value to this position as will her well-established relationships with our regulators and rating agencies.”

Athene board of directors vice chairman Imran Siddiqui said: “I am excited that Brenda has accepted the opportunity to move up to the CFO role at Athene, and I believe her talents and deep experience at Athene are well suited to lead the Company’s finance organization through its next chapter. We are sorry to lose a professional like David, but we understand the decision he made for his family.”