Brian Bissett has been promoted to the post of group chief finance officer at Convex Group Limited, the Bermudian-based international specialty re/insurer.

Based in London, Mr Bissett will report to Paul Brand, chief executive officer of Convex Group Limited.

As part of a planned transition of roles, Benji Meuli will be stepping aside to become chief investment officer.

He will remain on the board, and will continue to represent the investment function.

In his new role, Mr Bissett will be responsible for overseeing the Convex finance function, while retaining responsibility for the data and the actuarial teams.

The fellow of the Institute of Actuaries has been group chief actuary since Convex began in 2019.

With more than 30 years industry experience in the data and actuarial sector, he has held numerous senior positions at Catlin, XL Catlin and Zurich.

Mr Brand said: “Brian has been instrumental in not only building and leading Convex’s successful actuarial and claims functions but in orchestrating Convex’s data agenda.

“His exceptional actuarial and leadership capabilities make his promotion to chief financial officer a natural and well-deserved step.

“With his financial acumen and sterling reputation, Brian exemplifies the high standards that Convex practices and I am confident he will continue to make a positive and lasting impact on Convex’s future successes.”