Wadhwa, a former Prudential Financial executive and Goldman Sachs banker, will join the company as a member of its management team and oversee the company’s growth and global expansion.
TEL AVIV, Israel, May 16, 2022 /PRNewswire/ — vesttoo, one of the world’s leading alternative risk transfer and investment platforms, today announced that it has appointed Gaurav Wadhwaa former executive of Prudential Financial, as the new chief financial officer.
Mr. Wadhwa brings over 15 years of experience in financial services, insurance and capital markets. Over the past decade, he has held several global leadership positions at Prudential Financial, including Chief Financial Officer of Asia (ex-Japan) and head of finance and analysis in the United States. Previously, Mr. Wadhwa worked at Goldman Sachs in investment banking, advising companies and boards on M&A and capital markets transactions across various verticals including insurance, banking, asset management and fintech.
“Gaurav is uniquely positioned to lead Vesttoo’s finances,” said Yaniv BerteleCEO and Founder of Vesttoo. “His experience and professional achievements speak volumes. He has a global mindset and an ability to lead complex financial processes. With Vesttoo’s business rapidly expanding, we couldn’t ask for a better addition to our team. .”
“I am delighted to join Vesttoo as Chief Financial Officer,” said Vesttoo’s Chief Financial Officer, Gaurav Wadhwa. “Their quest to bridge the insurance and capital markets could not have been more timely. I am delighted to support the Company in executing its strategic plan and accelerating its growth.”
As Chief Financial Officer, Mr. Wadhwa will build a global finance organization and oversee financial reporting, accounting, tax, treasury, financial planning and analysis, and investor relations.
Vesttoo operates an AI-based risk transfer marketplace, providing investors with access to insurance-linked assets in various financial instruments. Insurers are benefiting from the increased capacity of capital market investors, opening up reinsurance options for underserved parts of the market. Earlier this year, Vesttoo announced plans to significantly increase its deal flow in 2022, offering more investment options to investors, as well as risk transfer solutions to insurers.
Vesttoo provides access to risk transfer and investments in Life and P&C insurance. Our proprietary AI-powered technology facilitates risk transfer between insurance companies and institutional investors, delivering insurance-linked investments to asset managers of all types while improving risk transfer and capacity in the life insurance and P&C markets.
For more information, visit https://vestoo.com.
Media Contact: Liran Grünhaus[email protected]
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