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Aspen Insurance CFO Richard Houghton To Leave Co., Effective Feb. 29, 2012

Aspen Insurance Holdings Ltd. (AHL) announced that its CFO or chief financial officer, Richard Houghton, will be leaving the company effective February 29, 2012 to pursue other opportunities. The company has initiated a search for a new Chief Financial Officer to replace Houghton.

Houghton will remain in his role through the company's filing of its annual report on Form 10-K for the year ended December 31, 2011, Aspen stated.

The company said that Julian Cusack, currently Chief Risk Officer of Aspen, will assume the role of acting Chief Financial Officer pending the appointment of a successor to Houghton. Prior to assuming his current role, Cusack was the Chief Financial Officer of the company from its inception until April 2007.

by RTTNews Staff Writer

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