Senior executive with international experience, having lived and worked in Europe, Asia and the US for global financial services organisations.
Experience in delivering significant change, business growth, start up and restructuring.
Joined XL India in October 2014 and in May 2015 following the acquisition of Catlin, Derek was appointed the Head of Enterprise shared services & Country Head with responsibilities for the combined businesses shared services covering centres in Arizona, Kuala Lumpur, UK, Poland and India. In April 2016 appointed as Global Head of Operations & Country Head with responsibilities for the global support services of XLCatlin.
Prior to this, in 2012, Derek was appointed Head of Retail and Commercial Markets, RBS India, predominantly responsible for the divestment of the Retail and Commercial Banking businesses in India. Derek had accountability for the management of the ongoing businesses and delivery of the transfer and exit of 24 branches, 1500 employees, and 1.2m clients. He was also responsible for the divestment programme with delivery across a number of key workstreams including Finance, IT, Marketing & Communications, Client Migration, Property, Legal, Compliance and Operations.
Prior to the move to India, Derek served as Executive Vice President, Consumer & Business Banking at Citizens Financial Group based in Boston USA for 3 years from 2009. As a member of the C&BB Board he led a team supporting Retail Banking, Business Banking and Wealth Management with accountability for Strategy & Change Management, Business Operations and Assurance, Distribution Strategy, Incentives Programmes, Sales Management Information and Analysis, Sales Development, Service Development and Internal Communications & Event Management.
Derek is a graduate of Southampton University (UK), holds a degree in Physiology and Biochemistry and has attended several Harvard Business School Executive Programmes.