Ian Kelly is promoted to Chief Financial Officer of SCOR and joins the Group Executive Committee
30 Settembre 2020 - 2:00PM
Ian Kelly is promoted to Chief Financial Officer of SCOR and joins
the Group Executive Committee
Press ReleaseSeptember 30, 2020 - N° 22
Ian Kelly is promoted to Chief Financial
Officer of SCOR
and joins the Group Executive
Committee
SCOR announces the appointment of Ian Kelly,
currently Head of Investor Relations, as Chief Financial Officer,
with effect from October 2, 2020. Ian Kelly will join the Group
Executive Committee on this date.
Mark Kociancic has decided to pursue a new
direction in his career, having successfully served as Group Chief
Financial Officer since 2013, following successively senior
positions within Finance since joining SCOR in 2006.
Denis Kessler, Chairman & Chief
Executive Officer of SCOR, comments: “I am delighted that
Ian Kelly is joining SCOR’s Executive Committee as CFO. His
promotion bears witness to the depth of the Group’s talent pool.
Ian has spent a large part of his career at SCOR. He knows the
Group extremely well and has a strong command of the financial
mechanisms of both Life and P&C (re)insurance. He has
successfully fulfilled his role as Head of Investor Relations and
his great professionalism is appreciated by everyone he deals with.
Along with the entire team, Ian will actively pursue all the
Finance transformation projects initiated by Mark, which rest in
particular on the use of new technologies. Given Ian’s intellectual
and human qualities, we are confident that he will be successful in
this new key role. The Executive Committee and I look forward to
working with Ian as part of his new responsibilities.
On behalf of the Board of Directors and the
Executive Committee, and speaking personally, I would like to thank
Mark Kociancic for his strong contribution to the Group’s
development since he joined us in 2006. Over the past seven years
as CFO, he has successfully led several financial operations and
optimized the performance of the Finance function within the Group,
actively preparing the transition to the new IFRS 17 financial
accounting standard. I wish Mark every success in this new chapter
of his career.”
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Biographies
Ian Kelly, 53, a British
citizen, is a Fellow of the Association of Chartered Certified
Accountants. Having begun his career with Prudential, he
subsequently joined the London-based Life reinsurance department of
the Gerling Group, which later became Revios UK, holding the role
of Chief Accountant. Following the acquisition of Revios by SCOR,
he was appointed Chief Financial Officer of the UK operations in
2007. In 2009, Ian was appointed Director of General Accounting and
Group Reporting, with responsibility for the consolidation of
financial reporting of the SCOR Group. Ian strengthened his
strategic, regulatory and financial experience within SCOR with his
appointment as Head of Group Financial Planning and Analysis in
2011. Maintaining responsibility for the financial planning of the
Group, Ian was additionally appointed Head of Investor Relations in
2016.
Mark Kociancic, 50, a dual
citizen of Canada and the USA, is a graduate of the University of
Toronto and holds a Bachelor of Commerce degree. He also holds a
Chartered Professional Accountant (CPA) designation and a Chartered
Financial Analyst (CFA) designation. Upon graduation in 1992, Mark
joined Ernst & Young within its Life and P&C insurance
practice and subsequently held successively senior positions within
the insurance industry prior to joining SCOR US as Senior Vice
President & Chief Financial Officer in May 2006. He was
appointed SCOR Americas Hub CFO in June 2008 and was promoted to
Executive Vice President in July 2010. He was appointed Deputy CFO
of the SCOR Group in October 2012 before being appointed Group CFO
of SCOR SE on May 15, 2013.
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Contact details
Media+33 (0)1 58 44 76 62media@scor.com
Investor RelationsOlivier
Armengaud+33 (0)1 58 44 86 12oarmengaud@scor.com
www.scor.com
LinkedIn: SCOR | Twitter: @SCOR_SE
Forward-looking statements
SCOR does not communicate "profit forecasts" in
the sense of Article 2 of (EC) Regulation n°809/2004 of the
European Commission. Thus, any forward-looking statements contained
in this communication should not be held as corresponding to such
profit forecasts. Information in this communication may include
"forward-looking statements", including but not limited to
statements that are predictions of or indicate future events,
trends, plans or objectives, based on certain assumptions and
include any statement which does not directly relate to a
historical fact or current fact. Forward-looking statements are
typically identified by words or phrases such as, without
limitation, "anticipate", "assume", "believe", "continue",
"estimate", "expect", "foresee", "intend", "may increase" and "may
fluctuate" and similar expressions or by future or conditional
verbs such as, without limitations, "will", "should", "would" and
"could." Undue reliance should not be placed on such statements,
because, by their nature, they are subject to known and unknown
risks, uncertainties and other factors, which may cause actual
results, on the one hand, to differ from any results expressed or
implied by the present communication, on the other hand.
Please refer to the 2019 Universal Registration
Document filed on March 13, 2020, under number D.20-0127 with the
French Autorité des marchés financiers (AMF) posted on SCOR’s
website www.scor.com (the “Document d’enregistrement universel”),
for a description of certain important factors, risks and
uncertainties that may affect the business of the SCOR Group. As a
result of the extreme and unprecedented volatility and disruption
of the current global financial crisis, SCOR is exposed to
significant financial, capital market and other risks, including
movements in interest rates, credit spreads, equity prices, and
currency movements, changes in rating agency policies or practices,
and the lowering or loss of financial strength or other
ratings.
The Group’s financial information is prepared on
the basis of IFRS and interpretations issued and approved by the
European Union. This financial information does not constitute a
set of financial statements for an interim period as defined by IAS
34 “Interim Financial Reporting”.
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