FBD Holdings appoints new head as CRO
FBD Holdings has appointed David Costello as the new chief risk officer for FBD Insurance.
Mr Costello joins FBD from Allianz, where he was head of actuarial services for its Worldwide Care division for the last nine years.
He has spent 25 years in insurance, during which he had stints in both Zurich and New Ireland.
Mr Costello, who is a fellow of the Society of Actuaries Ireland, will join FBD on February 22.
The appointment comes not long after FBD chief executive, Fiona Muldoon, announced that the firm will add a chief commercial officer.
Ms Muldoon wants someone to oversee sales and other commercial activities following the departure of the person who previously looked after many of the duties the job will cover.
FBD Holdings plc is an Irish insurance company. FBD also has financial service businesses as well as hotel and leisure property interests. The company is headquartered in Bluebell in Dublin, and it has 34 branch offices throughout the Republic of Ireland.