The holding company of RFIB Group Ltd (“RFIB”) and Limehouse Agencies (“Limehouse”), is pleased to announce the appointment of Steven Beard as CFO. Beard will also become CEO of a newly created services company, George Yard Services
Beard takes up his new roles on 4 December 2017 and will spearhead the launch of GYS. Beard was most recently the Group Chief Executive of Agilisys, a leading technology and professional services company. Under his management it become one of the largest employee owned businesses in the U.K. He joined Agilisys from Xchanging plc, the global business process and technology company; where he held a number of senior positions at both the company’s U.K. and U.S. operations. When Xchanging listed on the London Stock Exchange in 2007 he was responsible for the largest part of the group including XIS and XCS. Steven has also served as CFO of Redwave plc, the U.K. based venture capital business. He began his career working for a series of Lloyd’s Managing Agents including Navigators, Brockbank and XL Capital.
GYS will be a specialist central service company, created to provide back office support to RFIB and Limehouse. Its functions will include Finance, Risk, Compliance, HR, IT and Company Secretariat. It will initially comprise RFIB employees who will transfer to GYS.
Chief Executive Officer, Dennis Mahoney said: “Steven is a landmark appointment for our business. He brings an exceptional track record to our CFO function and is the ideal candidate to launch and build our new central services business. Steven has pioneered the use of new technologies throughout his career and this approach will be central to GYS and across the RFIB and Limehouse businesses. GYS will be a key pillar in our business portfolio. It will enable our broking and underwriting teams to focus on what they do best and will ensure we continue to attract leading talent who share our independent, client focused approach.”
Beard said: “RFIB is renowned for its independence, the calibre of its broking teams and its absolute focus on providing top quality service to clients. Limehouse is being established based on similar principles. GYS will support and enhance both – it will be a centre of excellence for services that will support RFIB on its growth trajectory and Limehouse as it builds a market leading position. I look forward to working with Dennis and the team to support and drive growth across the Group.”