Honan Insurance plan Group (Honan) has appointed Jacob Gunzburg to the freshly established job of chief fiscal officer (CFO).
Gunzburg is a chartered accountant with around 22 decades of economical accounting working experience, including money reporting, corporate accounting, mergers and acquisitions (M&A), and economical risk management. He also held senior finance positions at Downer and Spotless Team Holdings Confined, put together with more than 10 years of expertise at KPMG.
In his new part at Honan, Gunzburg will be based in the Melbourne head place of work and oversee around half a billion bucks in rates and $100 million in profits. He will also be responsible for the strategic monetary administration of the firm’s M&A exercise and integration, a crucial precedence since it partnered with non-public equity organization TA Associates in 2020.
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Honan chief operating officer (COO) Laurence Basell used to be accountable for the business’ strategic economic management. Nonetheless, a compounded once-a-year expansion price of far more than 25% about the past 3 decades has driven the have to have for a standalone CFO job.
Commenting on the newly created position, CEO Andrew Fluitsma reported Gunzburg will provide strategic stewardship and statutory oversight to the promptly expanding firm’s accounting and finance functionality.
“We are now a business enterprise of a lot more than 350 people, and Jacob’s appointment demonstrates our lofty ambitions to near the hole on our even larger competition and carry on to obstacle larger institutional brokers,” Fluitsma claimed.
Gunzburg commented: “This is my first foray into the insurance policies marketplace, and Honan’s challenger mentality and want to do issues in another way [are] what captivated me to the part. Honan’s strong general performance and worldwide network are amazing, and I am looking forward to contributing to the following stage of growth.”
Honan was a single of the excellence awardees at the Insurance Business enterprise Australia Awards 2022 and winner of a single of Coverage Organization Australia’s 5-Star Technology awards 2022.