CHUBB CFO Philip BANCROFT to retire; Peter ENNS to replace him effective July 1

18 January 2021 — Andrei Victor
Philip BANCROFT - CHUBB Group Executive Vice President of and Chief Financial Officer, plans to retire from the company on July 1 after 19 years of service. Peter ENNS has agreed to join the company on or before April 1 as Executive Vice President, Finance, CHUBB Group and succeed BANCROFT upon his retirement.

Peter ENNS will report to Evan GREENBERG, Chairman and Chief Executive Officer, and join the company's Executive Committee. BANCROFT is expected to remain with the company in an advisory capacity for the balance of the year and be available to support Peter ENNS.

Peter ENNS has more than 30 years of finance and investment banking experience. He spent over 20 years with GOLDMAN SACHS in various senior roles, including partner of the firm's U.S. Financial Institutions Group based in New York, head of its Asia Financial Institutions Group based in Hong Kong, and chief executive of its business operations in Canada. More recently, he held a number of roles with HSBC, including his last assignment as Global Co-Head of Investment Banking Coverage based in Hong Kong.

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