Aspen appoints Aileen Mathieson as Chief Investment Officer
The new appointment will join the firm in November as CIO from her role as Head of Insurance at Aberdeen Standard Investments.
HAMILTON, Bermuda, July 16, 2021 (BUSINESS WIRE) -- Aspen Insurance Holdings Limited ("Aspen") is pleased to announce the appointment of Aileen Mathieson as Group Chief Investment Officer (CIO), effective November 15, 2021. Aileen will be based in London and join the Group Executive Committee.
Aileen (pictured) brings over 15 years of investment and financial experience and joins from Aberdeen Standard Investments where she was Global Head of Insurance. Prior to this, she was CIO, UK Life for Zurich and during her career also held senior finance roles at Nucleus Financial Group plc, Standard Life Group, Diageo plc and EMI Music. Aileen started her career at KPMG.
Aileen takes up the role of Chief Investment Officer following the retirement of Bryan Astwood. Bryan will continue as an Advisor to Group Executive Chairman and CEO, Mark Cloutier, and he will remain a director of Aspen Bermuda Limited.
Mark Cloutier, Executive Chairman and Group Chief Executive Officer, said:
"I am delighted that we are appointing an individual of Aileen's calibre as our new Chief Investment Officer. During a time when we are seeing increased periods of heightened market volatility, it is important that we are managing our investment portfolio effectively and proactively to deliver positive investment returns, complementing our strategic focus on driving disciplined underwriting performance. Aileen brings an impressive track record in managing investments in the insurance sector and, with her excellent leadership experience and strong communication skills, I look forward to her being an active and engaged member of our executive team."
Aileen Mathieson commented:
"I'm excited to join Aspen; the opportunity to join a dynamic organization with strong momentum and a clear vision for its future was compelling. I look forward to working with Mark and his team to lead the investment function and to delivering positive returns for the Group while continuing to support the business' ongoing balance sheet strength."
About Aspen Insurance Holdings Limited
Aspen provides reinsurance and insurance coverage to clients in various domestic and global markets through wholly-owned subsidiaries and offices in Australia, Bermuda, Canada, Singapore, Switzerland, the United Kingdom and the United States. For the year ended December 31, 2020, Aspen reported $13.2 billion in total assets, $7.2 billion in gross reserves, $3.0 billion in total shareholders' equity and $3.7 billion in gross written premiums. Aspen's operating subsidiaries have been assigned a rating of "A-" by Standard & Poor's Financial Services LLC and an "A" ("Excellent") by A.M. Best Company Inc.
For more information about Aspen, please visit www.aspen.co.