The board of directors of Randall & Quilter Investment Holdings (R&Q) has appointed Thomas Solomon as group chief financial officer (CFO).
Solomon will also be appointed to the company’s board of directors later in the year.
Based in R&Q’s New York office, he will report to William Spiegel, group deputy executive chairman.
Solomon joins R&Q from his current position as managing director and head of Americas insurance investment banking at Bank of America. He has previously held senior positions at Citigroup and PwC.
Randal commented: “We are delighted to announce the appointment of Tom [Solomon] as our CFO. His experience and skill set make him an excellent fit and it follows the appointment of William Spiegel as group deputy executive chairman, continuing R&Q’s careful succession planning.”
“I am pleased with the strength of our management team as we look to capitalise on the opportunities ahead of us. Importantly, Tom [Solomon]’s appointment will enable Alan Quilter, currently acting as interim CFO, to focus on his responsibilities as CEO,” he added.
Commenting on his new role, Solomon said: “I am excited to join R&Q. It is a company I have known and respected for many years and am pleased to be joining at this unique time when both of its insurance business lines are poised for significant secular growth. I look forward to working with William [Spiegel], Ken [Randall] and Alan [Quilter] and the rest of the R&Q team.”
R&Q has recently also appointed Eamonn Flanagant to the board as an independent non-executive director of the company.
