Aptia appoints CFO ahead of 2024 launch

Health, benefits and pension administrator Aptia has appointed Chris Rayner as chief financial officer.

Rayner joins the business ahead of its 2024 launch and will report directly to Bala Viswanathan, founder and group CEO as part of its group executive team.

Aptia is set for a January 2024 launch, following a deal funded by private equity house Bain Capital Insurance, with a team of more than 350 people inherited from Mercer.

Acquiring Mercer’s UK pensions and US health and benefits administration businesses, the consultant is primed to manage benefits for more than six million people across 1,100 companies in the UK and US markets supported by shared services in India and Portugal.

Rayner has joined Aptia following nearly four years as group financial controller of Just where he led a finance transformation programme.

Before this he also held the role of group financial controller for Jardine Lloyd Thompson Group (JLT), where he worked alongside several other senior Aptia executives.

Rayner joins the firm following several other strategic senior hires, including Melissa Hetherington as group general counsel and company secretary and Imran Ali as group chief information officer.

They join a management team that includes founder group chairman Dominic Burke and group president and chief administration officer Mike Methley, who have worked at both JLT and Marsh McLennan.

Viswanathan said: “Chris is yet another very important hire for us as we continue to strengthen our senior leadership team.

“We are extremely passionate about teamwork and ensuring Aptia is a collaborative, supportive and growth-focussed organisation and that starts with the senior leadership team.

“Chris has an excellent record in senior roles and we are thrilled to have him on board.”

 

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