Charles Taylor, which provides professional services to clients in the global insurance market, has appointed Tito Soso as Interim Group Chief Financial Officer to replace George Fitzsimons, who as previously announced will be stepping down as an Executive Director and as Group Finance Director at the end of October.

Soso joined the firm on Monday to ensure a smooth transition. The company is continuing to search for a permanent replacement.

Soso, aged 45, was most recently a Managing Director in Investcorp's European Investment team where he was responsible for leading private equity transactions across Europe.

In this role he held non-executive director and acting Chief Financial Officer positions in a variety of portfolio companies.

David Marock, Group Chief Executive said: "Tito has extensive experience in both permanent and interim senior financial officer roles and we are very pleased to welcome him to the group.

"His breadth of knowledge across different industry sectors and strategic insight will be of immense value as we implement our strategic plan for growth. We remain committed to finding a permanent Group Chief Financial Officer to help drive the business forward and will update the market in due course."

NR

Related share prices
Charles Taylor (CTR) share price