Specialty reinsurer Canopius Group has appointed Mark Newman as CEO for the UK.
Newman will take up his new role from 1 January 2024, transitioning from his current position as CEO for the Asia Pacific region.
He will also join the board of directors of Canopius managing agents.
Interim UK CEO Kate Roy will step down from the position and retain her role as group chief operating officer. Newman will continue to support the APAC region.
Newman joined the business as APAC CEO in 2016. Prior to Canopius, Newman held a number of leadership positions over his three-decade career, with 20 of those years spent at chief executive level.
He was previously CEO for Guy Carpenter Fac Asia Pacific, CEO APAC for Catlin as well as head of Asia and deputy CEO Asia at XL Catlin.
Commenting on Newman’s appointment, Neil Robertson, Canopius Group CEO, says: “We are thrilled that Mark will be taking over the leadership of our UK business. He has proven himself to be the right candidate to take on the role of UK CEO, and I’m confident that he will build on his strong track record and assist our UK teams to execute their growth plans.”