James River Group poaches Allied World Assurance SVP

James River Group Holdings has appointed Sarah Doran as chief financial officer of the group’s holding companies, effective January 16, 2017.

Doran will have responsibility across the group for finance, accounting and financial reporting, investments, corporate development and strategy, internal audit, treasury and investor relations.

Most recently, Doran served as senior vice president, strategy, treasurer and investor relations at Allied World Assurance Company Holdings.

She joined Allied World from Barclays where she was a director in the financial institutions group, responsible for executing strategic transactions including mergers, acquisitions and divestitures and capital raising for the insurance and reinsurance industry.

Prior to Barclays, Doran was a vice president in the financial institutions group at Lehman Brothers.

“We are extremely pleased to have Sarah join our company. She has a wealth of experience in finance and corporate development, having held leadership positions within financial services and the property and casualty insurance industry. We look forward to working with her and leveraging her strengths as we continue to build our franchise,” said J Adam Abram, the group’s chairman and CEO of James River.

“I would like to again thank our current CFO, Gregg Davis, for his years of dedicated service to the group. We wish him the very best in his retirement.”

Doran said: “I am thrilled to be joining James River Group at this time, both because of its recent performance as well as its prospects going forward. It is a company I have long admired with its strong results, underwriting culture and specialty market focus. I am excited to help drive the group’s initiatives ahead in the coming years.”