Aspen Insurance has announced the appointment of Aileen Mathieson as group chief investment officer (CIO), effective November 15, 2021.
She takes up the role following the retirement of Bryan Astwood. Following his resignation Astwood will continue as an advisor to group executive chairman and CEO, Mark Cloutier, and he will remain a director of Aspen Bermuda Limited.
Mathieson will be based in London and join the group executive committee. She brings over 15 years of investment and financial experience and joins from Aberdeen Standard Investments where she was global head of insurance.
Prior to this, she was CIO at UK Life for Zurich and during her career also held senior finance roles at Nucleus Financial Group plc, Standard Life Group, Diageo plc and EMI Music. Aileen started her career at KPMG.
Mark Cloutier, executive chairman and group chief executive officer, said: “I am delighted that we are appointing an individual of Aileen’s calibre as our new chief investment officer.
“During a time when we are seeing increased periods of heightened market volatility, it is important that we are managing our investment portfolio effectively and proactively to deliver positive investment returns, complementing our strategic focus on driving disciplined underwriting performance.”
He added: “Aileen brings an impressive track record in managing investments in the insurance sector and, with her excellent leadership experience and strong communication skills, I look forward to her being an active and engaged member of our executive team.”