Fairfax Financial Holdings: Personnel Announcements
February 21 2023 - 7:50AM
Fairfax Financial Holdings Limited (TSX: FFH and FFH.U) is pleased
to announce that, in connection with recent management changes at
Odyssey Group, Brian Young, CEO of Odyssey Group, will begin to
share oversight responsibilities with Andy Barnard, President of
Fairfax Insurance Group, over all of Fairfax’s insurance and
reinsurance operations.
Brian Young will continue as CEO of Odyssey
Group and, effective April 1, 2023, Carl Overy, presently CEO of
Odyssey’s London Market Division, will become CEO of Odyssey’s
Global Reinsurance Business. Bob Pollock, presently head of
Odyssey’s U.S. Financial Lines, Cyber and Worker’s Compensation
business, will become CEO of Odyssey’s London Market Division and
report to Carl. Carl will report to Brian in his continuing
capacity as CEO of Odyssey Group.
Prem Watsa, Chairman and CEO of Fairfax,
commented: “Odyssey Group has thrived under Brian Young’s
leadership over the past 12 years. We are delighted with these
promotions, which attest to the strength of talent at Odyssey Group
and will position the company to continue to grow profitability
over the long term. While Brian continues as CEO of Odyssey Group,
we are thrilled that he will begin to work more closely with Andy
Barnard and share oversight responsibilities over all of our
insurance and reinsurance operations. Since Andy first assumed this
oversight role in 2011, Fairfax has profitably expanded almost
fivefold. Our continued success will benefit from Brian’s
expertise.”
Fairfax is a holding company which, through its
subsidiaries, is primarily engaged in property and casualty
insurance and reinsurance and the associated investment
management.
For further information contact: John Varnell, Vice
President, Corporate Development at (416) 367-4941
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