Aspen appoints former Maybank exec as COO

Aspen has hired David Schick, the former was executive vice president of group strategy and transformation at Maybank, a Malaysian bank, as its group chief operating officer.

He replaces Richard Thornton who is leaving the business after almost four years at Aspen.

At Maybank, Schick was responsible for driving effectiveness and efficiency group-wide, including within the insurance business.

Prior to this, he was at Raiffeisen Bank International. He has also worked at organizations including Citigroup and Mercer Consulting driving transformation across multiple geographies, businesses and industries.

Chris O’Kane, group chief executive, said: “David brings with him a wealth of business and strategic leadership as well as extensive experience of large change and transformation programs internationally. He will be responsible for leading our operational strategy across the Group including the delivery of our recently-launched effectiveness and efficiency program. We are delighted to welcome him to Aspen and he will be a valuable addition to our executive team.

I would like to thank Richard for the contribution he has made to the business during his time with us and to wish him every success in the future.”