Chaucer Group Announces New CEO and C-suite Changes

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Chaucer Group has unveiled a series of C-suite changes, including the appointment of Richard Milner as its new group chief executive. The leadership reshuffle also sees James Wright assume the Chief Financial Officer (CFO) role, while Werner Joubert steps up as Chief Risk Officer (CRO).

Richard Milner joins Chaucer from Aspen, succeeding Rob Callan, who is retiring but will remain with the company in the short term to ensure a seamless transition. Callan has been serving as interim CEO since last July while also holding the position of CFO since December 2015.

James Wright, who has been a part of Chaucer for 18 years and served as Chief Risk Officer for four years, has been promoted to CFO. Meanwhile, Werner Joubert, who joined Chaucer in 2016 and became head of capital modelling in 2020, will now serve as CRO.

Commenting on the leadership changes, newly appointed CEO Richard Milner stated, “Chaucer has an excellent reputation for the experience and expertise of its talented people, as evidenced by James and Werner’s well-deserved promotions. I look forward to leading Chaucer as it continues to strengthen its position as a leading global underwriting group.”

In a separate LinkedIn post, Milner expressed his excitement about the new role, saying, “I am thrilled about the opportunities ahead and the chance to be part of something special.”

Paul Jardine, Chair of Chaucer, praised the internal promotions, saying, “It’s a great pleasure to see James continue a very successful career with our group. Chaucer has always prioritised internal talent development, and James’ achievements are a testament to this. I am excited to see him further his career as CFO.”

Jardine also congratulated Werner Joubert on his promotion, highlighting his eight-year tenure with Chaucer and his strong track record in risk modelling. “Werner’s promotion reflects the exceptional talent within our firm, and his expertise will be invaluable as he takes on this crucial strategic role within Chaucer,” added Jardine.