Honan names chief financial officer
Honan Insurance policy Group (Honan) has appointed Jacob Gunzburg to the recently designed job of main economic officer (CFO).
Gunzburg is a chartered accountant with about 22 a long time of economic accounting encounter, together with economic reporting, company accounting, mergers and acquisitions (M&A), and money chance administration. He also held senior finance positions at Downer and Spotless Group Holdings Limited, combined with more than 10 a long time of expertise at KPMG.
In his new job at Honan, Gunzburg will be centered in the Melbourne head business office and oversee about 50 % a billion dollars in rates and $100 million in income. He will also be liable for the strategic economical administration of the company’s M&A activity and integration, a important priority given that it partnered with personal equity firm TA Associates in 2020.
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Honan chief working officer (COO) Laurence Basell utilised to be responsible for the business’ strategic money management. Nonetheless, a compounded annual expansion price of extra than 25% around the previous three several years has driven the require for a standalone CFO job.
Commenting on the recently produced job, CEO Andrew Fluitsma claimed Gunzburg will deliver strategic stewardship and statutory oversight to the swiftly developing firm’s accounting and finance perform.
“We are now a business enterprise of extra than 350 men and women, and Jacob’s appointment reflects our lofty ambitions to close the gap on our greater opponents and keep on to obstacle larger institutional brokers,” Fluitsma stated.
Gunzburg commented: “This is my initially foray into the insurance plan market, and Honan’s challenger mentality and desire to do issues in a different way [are] what attracted me to the function. Honan’s solid general performance and global network are amazing, and I’m on the lookout forward to contributing to the next stage of growth.”
Honan was 1 of the excellence awardees at the Insurance coverage Company Australia Awards 2022 and winner of a person of Insurance policies Enterprise Australia’s 5-Star Technologies awards 2022.