Richard Kirby joins PIB Group as Chief Transformation & Integration Officer
April 8 2024
PIB Group Ltd (‘PIB’) has appointed Richard Kirby as Chief Transformation & Integration Officer.
His appointment further strengthens the Group's executive team, alongside international mergers, acquisitions and integrations (MA&I) and operational capabilities as part of building a pan-European insurance distribution business.
The role will cover PIB Retail, Specialty, Underwriting and Schemes divisions and all international territories, where the Group continues to expand. Richard will focus on improving how PIB integrates businesses and supporting its growth while increasing profit.
Richard’s arrival also means current Chief Operating/Information Officer Paul Johnson will now have increased capacity and focus on providing leadership and innovation in the CIO element of his role, with special focus on digitisation, data, and security.
PIB continues to boost its tech investments, and the Group will further develop its Digital, Data Lake, Broker Insight, Machine Learning and AI propositions to increase revenue and margins. Paul will also maintain some operational areas such as the Indian Operation directorship and ESG.
Ryan Brown, Deputy CEO for PIB Group, commented: “I'm very pleased to welcome Richard to PIB Group. Richard joins us with extensive international insurance broking experience having held senior operational value creation roles across both the corporate and private equity sectors. Richard's many years driving accretive margin growth through acquisition integration and international growth will help PIB evolve as we continue our journey as a leading European insurance distribution business of scale.”
Richard is a senior transformation executive with a career of more than 25 years. He has a strong track record in shaping and implementing margin expansion through improved operational efficiency, digitisation, and delivering optimised acquisition integration which ensures the whole is greater than the sum of the parts. Richard has led international functions covering the UK, Europe, North America, UAE, India, and Asia.
Richard joins from LDC Private Equity after six years as partner responsible for partnering with LDC investment management teams to create value through organic and inorganic growth and operational improvement. Prior to LDC Private Equity Richard spent much of the 2000s working for both Marsh and Aon in international senior operations and MA&I roles.
Richard Kirby commented: “This is a fantastic time to be joining PIB Group as its international expansion increases pace. I have longed admired PIB Group and feel that my skills and experience will help PIB deliver best-in-class integration and support our continued journey to become a larger, better and more efficient international player. The PIB culture is a great fit for me with its entrepreneurial and collaborative spirit, innovation and its focus on international client needs, which is my forte.”