Allied World Assurance Company Holdings has appointed Sarah Doran senior vice president (SVP), investor relations and treasurer. The Switzerland-based company said that she will be based in Allied World’s New York office and will report directly to chief financial officer (CFO) Thomas Bradley.
Doran assumes investor relations responsibility from Keith Lennox, who has been appointed SVP and CFO for Allied World’s reinsurance operation. She will also be responsible for corporate treasury, capital management, banking and merger and acquisition (M&A) activity.
Doran joins Allied World from Barclays where she was a director in the financial institutions (FI) group, responsible for executing strategic transactions including M&A divestitures and capital raising for the insurance and reinsurance industry.
Prior to joining Barclays, Doran was a vice president in the FI group at Lehman Brothers. She received an MBA in Finance and Economics from the Booth School of Business at the University of Chicago and a BA in Government from the University of Notre Dame.
The US money market fund reforms came into effect in 2016 and are already dramatically shaping US fund industry with investors flooding out of prime funds and into government securities. While the reforms are similar, they are not the same. GTNews interviews Yeng Bulter, global head of the cash business at State Street Global Advisors on the differences.
The top five sectors Asian fintech investors are interested in are data analytics, blockchain, lending, payments and regtech, according to Gary Hwa, EY regional managing partner.
On the third day of the Singapore Fintech Festival conference, there was a focus on specific applications of fintech innovation. One was trade finance, which is clearly is ripe for a revolution.
Kicking off day two of the Singapore Fintech Festival, Deloitte Chairman David Cruikshank said that fintech is significant for three reasons. First, customer expectations of services are higher than ever. Second, barriers to entry are lower than before. And finally, financial institutions (FIs) face a threat of what a competitor might do.