Patel appointed Novae CFO

Novae Group have appointed Reeken Patel as executive director and group chief financial officer, subject to regulatory approval. Matthew Fosh, group chief executive commented “Reeken has an outstanding track record as a member of the executive team and we are delighted to be appointing him to the position of chief financial officer and as an executive director of Novae Group plc.” John Hastings-Bass, Chairman commented, “Reeken’s recent experience as interim chief financial officer, and his previous role as the Company’s chief risk officer, together with his prior experience as a partner at PricewaterhouseCoopers, provides an ideal skill set to support the delivery of our strategy.” Patel joined the Company in July 2014 as chief risk officer, where he led the risk and actuarial functions and has been acting as interim chief financial officer since 1 November 2016. Patel is a qualified actuary with over 16 years’ experience. Prior to joining Novae he was a partner in the General Insurance Division of PwC and their London Market Actuarial leader.