Compre, the independent legacy acquirer, today announces the appointment of Simon Hawkins as chief financial officer, effective immediately.

He succeeds Paul Matson who played a key role in Compre’s substantial growth over the last three years, completing a four-month handover to Hawkins before departing at the end of 2018.

Hawkins, who joined Compre as chief operating officer in July 2018 with 20 years of legacy-sector experience, will retain his responsibilities for the claims function and the integration of new acquisitions. Rhydian Williams, managing director of operations, will assume responsibility for all other operational areas of the group.

Hawkins joined Compre from QBE where, as group head of retrospective solutions, he developed one of the industry’s most proactive approaches to legacy management and was responsible for a portfolio of $1bn of legacy insurance liabilities.

Mark Lawson, co-CEO, Compre said: “I am delighted to announce Simon’s appointment as CFO, whose experience and expertise will be invaluable in the further development of the group. On behalf of the board, I would also like to extend our thanks to Paul for his significant contribution and our best wishes for the future.”