Elaine Whelan, chief financial officer (CFO) and executive director of Conduit Holdings, the ultimate parent company of Bermuda-based multi-line reinsurer Conduit Re, has informed the board of directors of her intention to retire.
Whelan will continue in his current role to ensure a smooth transition and will resign from the Board of Directors and executive roles on September 30, 2026.
Conduit explained that the board has initiated a formal process to identify a successor and will provide a further update in due course.
Whelan is currently based in Bermuda and is responsible for all aspects of Conduit’s financial management and reporting.
She also serves as an executive director on the boards of Conduit Holdings Limited and Conduit Reinsurance Limited, and is a member of the executive committee.
After qualifying as a chartered accountant, Whelan joined Coopers & Lybrand and then moved into the reinsurance industry, holding increasingly senior financial roles in Zurich and later the Lancashire Group, culminating in the role of Group Chief Financial Officer from 2011 to 2020.
