CNA Announces New President and Chief Executive Officer for CNA Canada

By a News Reporter-Staff News Editor at Investment Weekly News -- - CNA Financial Corporation (NYSE: CNA) announced the appointment of Nick Creatura to President and Chief Executive Officer for CNA Canada. Nick will be responsible for executing profitable growth strategies for the global insurer's Canadian operations. He will report to David Brosnan, Chief Executive, CNA Hardy. The appointment is effective May 15, 2017.

"The Canadian market is important to CNA and Nick is well known in the global marketplace for his leadership and industry knowledge," Brosnan said. "Nick is a proven leader who has a successful track record of expanding international capabilities. He joins our organization at an exciting time in our international growth. His network of contacts and vast experience will allow us to continue to build stronger and deeper relationships with our producers as we build out our core proposition and brand awareness in our chosen markets. Furthermore, his appointment demonstrates our ability to attract the very best market talent."

Nick will be responsible for building scale and relevance by increasing brand awareness in Canada and harnessing the expertise that exists across the organization to deliver on growth targets. In addition, he will work closely with the International team to further advance CNA's market position.

Nick most recently served as Executive Vice President and Chief Financial Officer of Royal & Sun Alliance, Canada. Previously, Nick held senior roles at Liberty, Chubb and PWC in Canada and the U.S.

Nick succeeds John Hennessy, the former leader of CNA's Canadian operations, who recently moved to CNA's headquarters in Chicago to HYPERLINK "https://www.cna.com/web/mypoc/cna?urile=wcm:path:/cnacontent/sa-cnacom/sa-aboutcna/sa-cnainthenews/sa-newsarchive/sa-newsreleases/nr-john-hennessy&page=com.cna.page.newsrel&isDirectUrl=true" nlead the company's worldwide Sales and Distribution team.

Keywords for this news article include: Financial Companies, Investment and Finance, CNA Financial Corporation, Property and Casualty Insurance Companies.

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