Vesttoo, a leading global alternative risk transfer and investment platform announced today that it has appointed Gaurav Wadhwa, a former Prudential Financial executive, as its new CFO.
He has over 15 years of experience in capital markets, insurance, and financial services. In the last decade, he has held many leadership roles at Prudential Financial including CFO. Asia (ex-Japan) and Head of US Finance & Analytics. Previously, Mr. Wadhwa worked at Goldman Sachs in investment banking, advising companies and boards in M&A and capital markets transactions across different verticals including insurance, banks, asset management, and financial technology.
“Gaurav is uniquely suited to spearhead Vesttoo’s finances,” Yaniv BerteleVesttoo CEO and Founder. “His experience and professional achievements speak volumes. He is an international thinker with the ability to manage complex financial processes. With Vesttoo’s rapid business expansion, we couldn’t ask for a better addition to our team.”
“I am delighted to join Vesttoo as CFO,” said Vesttoo’s CFO, Gaurav Wadhwa. “Their pursuit to bridge the insurance and capital markets couldn’t come at a better time. I am excited to support the Company in executing its strategic plan and accelerating its growth.”
As CFO, Mr. Wadhwa is responsible for building a global finance organization, overseeing financial reporting, accounting and tax, treasury and financial planning, and investor relations.
Vesttoo has an AI-based marketplace for risk transfer, which provides investors with access to insurance-linked assets in a range of financial instruments. Capital market investors provide greater capacity, which allows insurers to open up reinsurance opportunities for the underserved market. Vesttoo, announced earlier this year that it plans to increase its deal flow in 2022, opening up more investment options for investors and risk transfer solutions for insurance companies.