Enstar Group has announced that chief financial officer (CFO) Mark Smith will step down from his position, which he has held since August 2015, at the end of the year and move into a consulting role.
Current chief accounting officer and deputy CFO Guy Bowker, will succeed Smith as CFO role at the start of 2018.
“Mark has played an essential role during an important period in Enstar’s growth, and I am grateful for his contributions,” commented Dominic Silvester, CEO of Enstar. “When he joined us in 2015, his key objectives were to strengthen the Group Finance function and to develop a successor, which he has now accomplished.
“In Guy Bowker, we have identified a talented professional whose expertise and dedication make him an excellent successor to Mark. I am confident that as CFO and a member of the executive leadership team Guy will be able to make an even more significant contribution to Enstar. Mark and Guy will prepare for the transition throughout the year, and Mark will continue his work with Enstar as a senior advisor after January 1, 2018.”
Bowker joined Enstar in September 2015. Before that he served as senior vice president - controller of Platinum Underwriters Holdings, and as director of finance for AIG in Bermuda.
Enstar Group, Resignation, Mark Smith, Guy Bowker, Bermuda