UK-based general insurance services provider Markerstudy has named Glen Ward as its new group chief financial officer (CFO).
The company confirmed the appointment via a LinkedIn post.
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“Glen will be a key contributor as Markerstudy enters its 25th year of trading,” the post said.
Ward joins from Admiral Insurance, where he held senior finance positions including group finance director and CFO of UK Insurance.
He will report to Markerstudy chief executive Kevin Spencer.
Commenting on the appointment, Ward said: “Markerstudy is a business that I have admired and I am excited to be joining the team at this time to help continue the group’s impressive growth trajectory.
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By GlobalData“I am passionate about empowering my team and fostering a culture of openness and continuous learning to ensure we are delivering impactful results that will help strengthen and accelerate the group’s objectives.”
Ward replaces Keith Barber, who had been serving as interim CFO since July last year following Fernley Dyson’s move to become CFO of Saturn Holdings.
Glen Ward’s career includes positions at Nationwide Building Society, National Australia Group Europe, Clydesdale and Yorkshire Bank, National Australia Bank Europe and KPMG.
Last month, the UK’s Financial Conduct Authority imposed growth restrictions on Markerstudy by placing caps on customer numbers and capital levels within its UK operations.
These measures come amid concerns from the regulator about the company’s leadership structures, governance and internal financial controls, particularly following an acquisition-driven expansion strategy.
