Australia: PFS Consulting appoints new Managing Director

PFS Consulting is pleased to announce the appointment of Adrian McGarva as its Managing Director and the move of John Newman to the role of Non-Executive Chair.

Adrian is a Fellow of the Institute of Actuaries of Australia and has 25 years’ experience in Financial Services, over 10 years of which was in each of Australia and Europe. He has been a Principal of PFS since 2012 specialising in general insurance, corporate finance, and risk management. Prior to joining PFS Consulting he spent 7 years as Chief Actuary of a general insurer/reinsurer in Switzerland where he helped grow the business from inception to premium revenue of over A$800m p.a. and more than 100 staff. John Newman, previously Managing Director, has been with PFS Consulting since 2004 and is stepping back from day-to-day management. He will continue to consult to clients and remains Chair of the company. Adrian said about his appointment, “John has done an amazing job to build PFS to what it is today, and I am excited by the opportunity to lead this outstanding team to ensure the continued delivery of excellent service and value for our clients. PFS combines very strong technical expertise with extraordinary depth of experience in the firm’s Principals.” John said, “Adrian is a highly respected consultant and leader who has made a great contribution to the development of the firm. I am delighted that the management of PFS Consulting is in such capable hands.”