Independent global insurance group MNK Group has announced the appointment of Daniel Ferguson to the newly created role of Group Financial Controller.
In this role, Ferguson will establish a dedicated finance function designed to increase financial acumen, enhance market resiliency and enable continued growth. He will design and implement the capital infrastructure needed to support expected market growth through 2026, leveraging technology and artificial intelligence in a rapidly evolving market.
Ferguson brings 25 years of insurance industry experience to MNK Group, having previously worked at Resolution Life, most recently as Group Treasurer. In this role, he is responsible for the head office finance function and is responsible for liquidity risk management across the enterprise, external stakeholder management and corporate activities among regulated insurance entities.
Prior to this, he worked at RSA for almost twenty years, most recently as Group Treasurer, managing a small central team responsible for the financial management of the entire RSA Group.
Manoj Kumar, Chairman, MNK Group, said: “Daniel brings a wealth of financial expertise to MNK Group having held senior financial roles in the insurance industry. His appointment brings FTSE-level financial discipline in a highly competitive market, enhancing our strategic approach to risk management and financial strength. This underlines our commitment to having the right people and the right structure in place so that we can continue to deliver high-quality solutions to our clients.”
Ferguson commented: “I am delighted to join MNK Group as its first Group Finance Director at such an ambitious and rapidly growing period for the business. This is an exciting and unique opportunity for me and the team to build a high-performing finance function that supports the Group’s delivery of high-quality insurance and reinsurance solutions globally.
“MNK Group’s depth of knowledge and expertise means the business is well-positioned to enter new markets and new service lines, with strong financial and risk management structures in place to enable further growth.”
MNK Group operates globally across the entire insurance value chain and has recently expanded into new markets such as Asia Pacific, the United States and Türkiye.