23 Feb 10

CFC Underwriting appoints new Finance Director

Specialist lines underwriting agency, CFC announces today the appointment of Michael Grist as Finance Director.

Grist joins from the London insurance broker, THB plc where he has worked since 2006, most recently as Head of Group Planning. A qualified chartered accountant, he has over ten years experience in senior commercial finance roles working for FTSE 100 and AIM listed companies. Previous employers include Invensys and Serco.

CFC's Managing Director, David Walsh is pleased to welcome Grist to the role: "CFC has ambitious growth plans and having the right FD on board is vital to achieving them. Michael will strengthen the senior management team bringing commercial rigour and a proven track-record in managing profitable growth. I am sure Michael will be invaluable in helping us in the pursuit of our long-term objectives."

Michael Grist commented: "I am joining CFC at a particularly exciting time. The team has a deserved reputation for continuous innovation, intelligent underwriting and a strong service ethic. These values underpin the company's strong performance record to date and I look forward to contributing to CFC's continued and growing success."