ASX-listed insurance firm, Calliden Group (ASX:CIX) has appointed a new CFO following a restructure of its operations.
Anthony Dijanosic replaces Tony Thomas, who was employed to oversee the group’s transition to a managing general agency and has completed his contract. Dijanosic joined Calliden in 2010 and is currently the risk and capital manager.
Dijanosic’s resume includes 17 years’ experience in finance and project roles in Australia and abroad covering general insurance, investment banking, services and manufacturing sectors. He takes up his new role on 11 April.
Calliden announced its intention to implement a managing general agency strategy in 2011, restructuring the business and announcing plans to consolidate and rebrand its Mansions of Australia business to Calliden Agency Services. The group now writes policies on behalf of three external insurers – Great Lakes Australia, Lloyds of London and the NSW Self-Insurance Corporation.
Calliden reported group net profit of $1.1m in the full-year to 31 December 2012, up from a $10.2m loss in the previous financial year. This was off a group gross written premium result of $172m, down from $245.7m in 2011. The group attributed this to its business transition and portfolio management actions.