BF&M sets out succession plan

Bermuda-based re/insurance holding company BF&M Limited has appointed Abigail Clifford as president, group chief operating officer and CEO designate. Clifford will succeed current group chairman and CEO John Wight, although a date for the transition has not been set, according to the Company.

Clifford had been with BF&M for over eight years and was already its group COO. She joined after a 14-year career with Partner Re, where she was chief human resources officer.

Wight welcomed the appointment: “On behalf of the entire board, I’d like to congratulate Abby in her new role as president and group COO, and as our CEO designate. She is an exceptional leader who has played an instrumental role in leading our organization through growth and major transformation efforts over the last eight years.”

Anthony Joaquin, deputy chairman of BF&M Limited, added: “Abigail has brought tremendous value during her tenure. We look forward to working with her in this new role. The board remains committed to strong governance and a seamless leadership transition process in the future.”