News in brief - 18 December 2024

The OneFamily Group has appointed Phil Willcock to its board as a non-executive director. He brings experience as a chief executive officer (CEO) across businesses across the UK, Europe and Asia, with an extensive knowledge of the financial services industry. He joins the firm from AIG Life Ltd in the UK, where he served as CEO, leading the sale of the business to Aviva plc. Willcock joins OneFamily after the firm recently announced its plans to expand its Beagle Street insurance into the intermediary space and is working on a soon-to-be completed modernisation programme.

The Brightstar Group has been re-certified as a carbon neutral business, achieving the 2030 target six years early. The group, which includes Brightstar Financial, Sirius Finance and Solstar Insurance, teamed up with Carbon Neutral Britain to calculate its emissions, which have now been offset through the Woodland Fund Portfolio of carbon offsetting projects globally. Following the process, the group has been certified as carbon neutral by carbon Neutral Britain for a second year running and will receive a carbon reduction plan to cut future emissions ahead of reaching the 2050 target.

Paraag Davé has been appointed as CEO at finova, after investing in the business for seven years and serving as executive chairman. During his time in this role, he was instrumental in leading a successful exit for Norland Capital, securing Bain Capital Tech Opportunities’ investment and uniting finova with MSO into a single entity. It comes as the firm also appointed Rowan Clayton as its new chief product officer, strengthening the firm’s senior leadership team as its looks to continue its growth strategy.



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