Honan Insurance plan Team (Honan) has appointed Jacob Gunzburg to the freshly designed function of chief economical officer (CFO).
Gunzburg is a chartered accountant with around 22 a long time of economic accounting knowledge, including money reporting, corporate accounting, mergers and acquisitions (M&A), and monetary risk administration. He also held senior finance positions at Downer and Spotless Team Holdings Confined, mixed with more than 10 many years of encounter at KPMG.
In his new function at Honan, Gunzburg will be dependent in the Melbourne head workplace and oversee around fifty percent a billion dollars in rates and $100 million in income. He will also be responsible for the strategic economical administration of the company’s M&A activity and integration, a key precedence because it partnered with private fairness firm TA Associates in 2020.
Study additional: New Honan report unveils costliest office accidents in Australia
Honan chief running officer (COO) Laurence Basell utilised to be accountable for the business’ strategic monetary administration. Nevertheless, a compounded annual advancement level of additional than 25% above the last 3 a long time has driven the have to have for a standalone CFO job.
Commenting on the freshly developed role, CEO Andrew Fluitsma explained Gunzburg will bring strategic stewardship and statutory oversight to the swiftly rising company’s accounting and finance operate.
“We are now a company of more than 350 men and women, and Jacob’s appointment demonstrates our lofty ambitions to close the gap on our bigger rivals and continue on to problem more substantial institutional brokers,” Fluitsma explained.
Gunzburg commented: “This is my to start with foray into the insurance policy market, and Honan’s challenger mentality and drive to do points in different ways [are] what attracted me to the purpose. Honan’s strong overall performance and international community are extraordinary, and I am wanting forward to contributing to the next period of progress.”
Honan was 1 of the excellence awardees at the Insurance policy Small business Australia Awards 2022 and winner of a single of Insurance plan Enterprise Australia’s 5-Star Technological innovation awards 2022.