Davies picks group finance chief

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Davies picks group finance chief


Davies picks group finance chief | Insurance coverage Enterprise America















Predecessor departing after 12 years


Insurance News

By
Terry Gangcuangco

Skilled companies and expertise options supplier Davies has introduced the appointment of Amber Wilkinson (pictured) as group chief monetary officer becoming a member of later this 12 months.

As a part of her CFO function, Wilkinson will develop into a member of the group govt committee at Davies. She is taking up from Tony Debiase, who’s stepping down after a profitable 12-year stint as finance chief.

A chartered accountant who educated at PwC in London, Wilkinson can be making the change from international regulation agency DLA Piper. She has held the CFO place there since 2021. Wilkinson’s profession additionally contains greater than a decade at AXA, the place she served in senior management posts corresponding to AXA Well being and Bluefin Insurance coverage CFO and mergers & acquisitions head for AXA UK & Eire.

The management change follows Davies’ latest announcement of a £1.5 billion refinancing of its senior debt facilities. The transfer will scale back the corporate’s annual curiosity bills, prolong debt maturities to 2031, and supply a brand new credit score line to assist its ambitions in M&A, expertise, and synthetic intelligence.

In the meantime, Wilkinson had this to say about her upcoming function: “I’m excited to be becoming a member of Davies as group CFO at what’s a pivotal time, because the enterprise seeks to additional internationalize, and spend money on expertise and consumer service.

“Davies has delivered spectacular progress over the previous decade, whereas additionally holding on to an important tradition, supported by its worker possession packages. I sit up for working with Dan and the broader management staff as we ship for our purchasers and stakeholders.”

Group chief govt Dan Saulter commented: “I’m thrilled that we’ve got been capable of entice somebody of Amber’s caliber and ambition to Davies, and I’m delighted to welcome her as our new group CFO.

“Amber’s expertise in worldwide enterprise, skilled companies, insurance coverage, and M&A is a superb match for Davies as we search to execute an formidable future technique. I’m additionally very grateful to Tony for his lengthy and distinguished service at Davies. All of us want him the very best for the longer term.”

Over the previous decade, Davies has seen substantial progress, increasing its income 25-fold. The corporate now employs over 8,500 individuals throughout greater than 20 nations.

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