Honan names chief financial officer

Honan Coverage Team (Honan) has appointed Jacob Gunzburg to the freshly designed purpose of main economical officer (CFO).
Gunzburg is a chartered accountant with more than 22 a long time of economical accounting working experience, which include fiscal reporting, corporate accounting, mergers and acquisitions (M&A), and monetary risk management. He also held senior finance positions at Downer and Spotless Group Holdings Limited, blended with more than 10 years of knowledge at KPMG.
In his new part at Honan, Gunzburg will be dependent in the Melbourne head business and oversee above 50 % a billion pounds in premiums and $100 million in income. He will also be accountable for the strategic fiscal management of the firm’s M&A activity and integration, a crucial priority because it partnered with personal fairness organization TA Associates in 2020.
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Honan main operating officer (COO) Laurence Basell applied to be liable for the business’ strategic economical administration. Even so, a compounded annual expansion charge of extra than 25% above the very last a few many years has pushed the will need for a standalone CFO function.
Commenting on the recently developed position, CEO Andrew Fluitsma stated Gunzburg will bring strategic stewardship and statutory oversight to the swiftly expanding firm’s accounting and finance function.
“We are now a business of additional than 350 persons, and Jacob’s appointment reflects our lofty ambitions to close the gap on our even larger competitors and continue to obstacle bigger institutional brokers,” Fluitsma mentioned.
Gunzburg commented: “This is my to start with foray into the insurance policy business, and Honan’s challenger mentality and drive to do points otherwise [are] what captivated me to the position. Honan’s solid performance and world wide community are extraordinary, and I am on the lookout ahead to contributing to the next period of advancement.”
Honan was one of the excellence awardees at the Insurance policy Organization Australia Awards 2022 and winner of one particular of Insurance plan Company Australia’s 5-Star Know-how awards 2022.