Honan Coverage Team (Honan) has appointed Jacob Gunzburg to the newly designed role of chief fiscal officer (CFO).
Gunzburg is a chartered accountant with around 22 many years of monetary accounting expertise, which include economic reporting, corporate accounting, mergers and acquisitions (M&A), and economical hazard administration. He also held senior finance positions at Downer and Spotless Group Holdings Restricted, blended with in excess of 10 years of practical experience at KPMG.
In his new part at Honan, Gunzburg will be based mostly in the Melbourne head office environment and oversee over 50 percent a billion dollars in premiums and $100 million in revenue. He will also be dependable for the strategic financial administration of the company’s M&A exercise and integration, a critical precedence due to the fact it partnered with non-public fairness business TA Associates in 2020.
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Honan main running officer (COO) Laurence Basell employed to be dependable for the business’ strategic economical management. Nonetheless, a compounded yearly expansion amount of more than 25% more than the past a few several years has pushed the want for a standalone CFO job.
Commenting on the freshly made position, CEO Andrew Fluitsma mentioned Gunzburg will provide strategic stewardship and statutory oversight to the speedily growing firm’s accounting and finance operate.
“We are now a company of additional than 350 individuals, and Jacob’s appointment reflects our lofty ambitions to near the hole on our larger competition and continue to problem larger institutional brokers,” Fluitsma said.
Gunzburg commented: “This is my first foray into the insurance policy industry, and Honan’s challenger mentality and desire to do things otherwise [are] what captivated me to the position. Honan’s powerful overall performance and worldwide network are impressive, and I am searching ahead to contributing to the up coming period of expansion.”
Honan was one particular of the excellence awardees at the Insurance coverage Business Australia Awards 2022 and winner of one particular of Coverage Small business Australia’s 5-Star Technological know-how awards 2022.