Brit Insurance appoints Sean McGeary as Director of Investments and Treasury

Brit Insurance appoints Sean McGeary as Director of Investments and Treasury
Brit Insurance Holdings PLC, (”Brit Insurance” or “The Group”), the UK-based international general insurance and reinsurance group, today announces the appointment of Sean McGeary to the newly-created role of Director of Investments and Treasury.
February 12, 2009

Brit Insurance Holdings PLC, (”Brit Insurance” or “The Group”), the UK-based international general insurance and reinsurance group, today announces the appointment of Sean McGeary to the newly-created role of Director of Investments and Treasury. Reporting to Brit Insurance Group Finance Director Matthew Scales, he takes up his new position immediately.

Sean joins Brit Insurance from Lehman Brothers International (Europe), where he was Managing Director and Head of Global Trading Strategies (GTS) Europe. In this role, he managed a diverse portfolio of investments, mainly in global equities, credit and foreign exchange. Prior to working in this division, he was a Senior Research Analyst responsible for Lehman Brothers’ coverage of the European insurance sector. Before moving to London in 1997, he held a variety of associate roles in New York, focusing on M&A and asset management. He is a graduate of Yale School of Management.

Matthew Scales, Group Finance Director, commented:

“Treasury and Investment management is an important component of Brit Insurance’s business and Sean’s appointment will strengthen our expertise. His impeccable track record and qualifications in the investment arena, coupled with an in-depth knowledge of the insurance sector, make him the ideal choice to lead our Investments and Treasury team.”

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