PartnerRe names new CFO replacing Nick Burnet

Bermuda-based  PartnerRe has revealed a new chief financial officer (CFO) to replace Nick Burnet who is leaving the reinsurer to pursue other opportunities.

Abina Kealy (pictured), currently chief accounting officer at PartnerRe, has been appointed CFO and a member of the company’s executive leadership team. Kealy will assume executive responsibility for PartnerRe's finance functions across the group.

Burnet will continue at PartnerRe until year-end to support the transition process and in a consultancy capacity through February 2023. He joined PartnerRe as CFO in 2020 based in Bermuda.

Kealy joined PartnerRe in 2009. Based predominantly in Dublin, she has held a number of senior finance roles, most recently chief accounting officer responsible for all external reporting for the PartnerRe Group. Prior to that, she was CFO of Europe & APAC and controller for the P&C business unit and head of group planning within the financial planning & analysis department. Since 2019, Kealy has headed up PartnerRe's implementation programme for the new insurance accounting standard, IFRS17. She will continue to be based in PartnerRe’s Dublin office.

PartnerRe's President and CEO, Jacques Bonneau, said: “I would like to personally thank Nick for his work on the Covéa transaction and for the leadership he has provided during his years of service, especially his commitment to developing a strong team in Finance.

“At the same time, I am pleased to welcome Abina Kealy as PartnerRe's Chief Financial Officer of the PartnerRe Group and a member of the Executive Leadership Team reporting to me. Ms. Kealy’s long tenure and understanding of the company, her deep financial expertise and knowledge of the industry, together with her collaborative leadership style, all make her a valuable addition to our Executive team.”

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