Ian Davis has been appointed senior vice president, captive insurance relationship manager at the People's United Bank.
Davis will be responsible for business development, qualification, expansion and overall relationship management for the bank’s captive insurance portfolio.
He takes on the new role after recently stepping down as director of financial services at the Vermont Department of Economic Development, where he led the marketing and business development activities in support of the state’s captive insurance industry.
Prior to that, Davis spent two years as economic development policy specialist, where he grew the department’s strategic initiatives, with an emphasis on business recruitment, retention and expansion.
Cris Sigovitch, senior vice president, head of treasury management, People’s United Bank, said: “We are excited to have Ian [Davis] join the People’s United team and look forward to him driving our captive insurance business.”
He added: “Ian [Davis] is a well-respected industry-leader who will work alongside Mary Santor, senior vice president, People’s United, who for over 30 years has grown the bank’s captive insurance division into a very meaningful business.”
Commenting on his new role, Davis expressed: “People’s United Bank has a strong reputation in the captive industry, and I am eager to apply my knowledge and networks to achieve our goals. I am very excited to be joining such a quality organisation and look forward to contributing to the team.”
