Honan Insurance policies Group (Honan) has appointed Jacob Gunzburg to the recently made purpose of chief economical officer (CFO).
Gunzburg is a chartered accountant with about 22 several years of economic accounting working experience, which include financial reporting, company accounting, mergers and acquisitions (M&A), and money threat administration. He also held senior finance positions at Downer and Spotless Team Holdings Confined, combined with over 10 yrs of experience at KPMG.
In his new role at Honan, Gunzburg will be based mostly in the Melbourne head business office and oversee above 50 percent a billion bucks in rates and $100 million in income. He will also be liable for the strategic monetary administration of the company’s M&A activity and integration, a essential precedence considering the fact that it partnered with personal equity organization TA Associates in 2020.
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Honan chief running officer (COO) Laurence Basell utilized to be responsible for the business’ strategic financial administration. On the other hand, a compounded annual progress charge of additional than 25% above the past a few decades has driven the need to have for a standalone CFO job.
Commenting on the freshly made purpose, CEO Andrew Fluitsma mentioned Gunzburg will deliver strategic stewardship and statutory oversight to the swiftly expanding company’s accounting and finance operate.
“We are now a company of more than 350 folks, and Jacob’s appointment demonstrates our lofty ambitions to close the gap on our even bigger competition and keep on to challenge larger sized institutional brokers,” Fluitsma claimed.
Gunzburg commented: “This is my to start with foray into the insurance plan industry, and Honan’s challenger mentality and desire to do matters in another way [are] what attracted me to the purpose. Honan’s robust general performance and international network are amazing, and I’m seeking forward to contributing to the subsequent stage of development.”
Honan was one particular of the excellence awardees at the Insurance coverage Enterprise Australia Awards 2022 and winner of one of Insurance Business Australia’s 5-Star Know-how awards 2022.