Specialist reinsurer Ascot Group Limited has confirmed the appointment of Joseph Eppers as its group chief investment officer and a member of its global executive committee.
The firm said the appointments were part of the ongoing development of senior leadership in its international investments business.
Within Ascot Group Limited, Eppers will be responsible for developing and overseeing the group’s global investment approach and managing its investment portfolio. He will work alongside the leadership team to support Ascot’s long-term business objectives and maintain a strong balance sheet position. He will report to Mark Wilcox, Chief Financial Officer of Ascot Group Limited.
Mark Wilcox of Ascot Group Limited commented: “Joe brings deep investment expertise, proven leadership and well-established industry networks,” adding, “We are delighted to welcome him to Ascot as we continue to advance our investment platform to support our underwriting business.”
Jonathan Zaffino, CEO and President of Ascot Group Limited, added: “Joe is a thoughtful leader with a proven track record of navigating complex markets. His perspective as a member of our Global Executive Committee will strengthen our leadership team and support the continued growth of our global business.”
Eppers joins Ascot Group Limited with over 25 years of industry experience. He most recently served as Executive Vice President and Chief Investment Officer of Selective Insurance, where he was responsible for investment strategy and portfolio management.
Prior to that, he served as a director in BlackRock’s Financial Institutions Group, providing tailored investment solutions to insurance and other institutional clients. Earlier in his career, he served as senior vice president of investments at Endurance Specialty Holdings, Inc.
Eppers said: “Ascot has built a world-class global professional platform with strong momentum,” adding, “I look forward to working with the team to execute a disciplined investment strategy that supports Ascot’s clients, colleagues and long-term profitability objectives.”
