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Scottish Re recruits Carrick

Scottish Re Group Ltd. has appointed David Carrick as senior vice-president and group controller.The appointment was made effective January 1, 2008., and Mr. Carrick, who is based at the company's headquarters in Hamilton, will report to Terry Eleftheriou, executive vice-president and chief financial officer.

Scottish Re Group Ltd. has appointed David Carrick as senior vice-president and group controller.

The appointment was made effective January 1, 2008., and Mr. Carrick, who is based at the company's headquarters in Hamilton, will report to Terry Eleftheriou, executive vice-president and chief financial officer.

Mr. Carrick's career extends over 18 years of senior finance and controllership roles with international corporations. Most recently, he was the director of finance for Tyco International Ltd., where he was responsible for all of the finance functions of Tyco's Dublin, Luxembourg, and Bermuda offices, including treasury and operations support.

In his role as group controller, Mr. Carrick will be responsible for oversight of the corporate financial reporting and controllership activities based in Bermuda and other key locations. He will also oversee internal financial controls important to the integrity of internal and external communications, safeguarding of assets and mitigation of risk, including compliance activities related to annual and quarterly certifications in accordance with Sarbanes-Oxley.

Mr. Eleftheriou said: "David's experience in global control practices and financial reporting will be an asset to the organisation as we continue to upgrade and streamline our financial processes and enhance our internal financial controls."