Paul O’Shea, President of Enstar Group Limited, will retire in March 2023.
A spokeswoman said: “Paul O’Shea, President of Enstar Group Limited, will retire in March 2023 after working for the company and its predecessor Castlewood Limited for 28 years. Mr. O’Shea will continue to be a member of Enstar’s board and group. And its shareholders will continue to benefit from his wealth of experience and industry ties.
“David Ni, who joined Enstar as an EVP, M & A in 2019 and was appointed Chief Strategy Officer in May 2022, has been working with O’Shea since its inception. Ni is our future M & A activity. Will take the lead. “
Dominic Silvester, CEO of Enstar, said: Became a world-leading run-off specialist.
“Paul’s skills and dedication, as well as his ability to focus on providing solutions, have been a key part of successfully completing 113 run-off transactions and acquiring over $ 42 billion in insurance and reinsurance assets since its inception. At the same time, Paul has helped build a strong leadership team to help Enstar continue to deliver successful results from the pipeline of future opportunities.
“On behalf of me, the Board of Directors, and more than 830 employees, I thank Paul for his dedication and support. He is with us as a director and gives him a lot of happiness in his natural retirement. I am glad that I hope. “
Paul O’Shea said: “The success of Enstar over the last 28 years is the result of the efforts and dedication of too many people to admit here, but for many years with Dominique, who invited me to join his team in 1994. Thanks for all his guidance and support.
“Enstar is a very special company and we are honored to be able to work with outstanding talents that no one of us could have imagined. The corporate philosophy and dedication of each employee is in the future. I look forward to continuing my relationship with Enstar as a director. “
“In addition, Enstar today announced that Orla Gregory, Chief Financial Officer and Chief Operating Officer, has made a full-time transition to the role of Chief Financial Officer. She continues to be Deputy CFO and Chief Operating Officer. We will work closely with Mike Murphy and Matt Kirk, Group Accounting. Gregory’s responsibility as Chief Operating Officer is divided between Chief Operating Officer Paul Brockman and Business Operations Officer Lawrence Plum. increase.”
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