BMS Re, the specialty reinsurance arm of the global broking group BMS, has appointed Farah Nelson as chief financial officer, subject to regulatory approvals.

Based in New York, Ms Nelson will report to Charlie Rozes, group CFO, and join the BMS Re board.

The company said she will primarily deliver BMS Re’s financial strategy and drive continued investment into its capabilities to align with client needs and demands, such as capital solutions and analytics.

Ms Nelson will also contribute to BMS’s broader growth strategy, partnering with stakeholders across the business to optimise operations, deal with regulatory compliance and contribute to BMS’s organic and inorganic growth.

Nick Cook, CEO, BMS Group, said: “I am delighted to welcome Farah to BMS. She is an accomplished finance executive, having worked in fast-paced, growth-orientated organisations.

“Not only that, but she is a proven leader with a track record of setting clear goals and delivering on them, and she is deeply passionate about diversity, equity and inclusion.

“With her now working with Charlie and Morna [Leather] at the group level, continuing to drive investment in reinsurance across the UK, US and our Bermuda platforms, our finance team is formidable. I am delighted to have Farah join and look forward to working with her.”

The company said Ms Nelson has more than 20 years of experience working in multinational banks and private companies. Most recently, she was UK CFO and board director at Aon, where she was responsible for the financial performance of more than $1.6 billion.