Conduit Holdings Ltd. has announced the appointment of Anthony Mongiello as Chief Operating Officer, effective immediately.

Mongiello brings more than 25 years of experience across the insurance, reinsurance, and financial services sectors. In his new role, he will oversee Operations, Information Technology, Underwriting Operations, and Claims, and will serve on the Executive Committee.

He joins the company from Aspen, where he most recently served as Chief Operating Officer for its Reinsurance and Capital Markets businesses.

The appointment is subject to Bermuda immigration approval.

Conduit Holdings is currently trading down 0.44% at 453 pence on the London Stock Exchange.

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