July 17, 2020 - London, U.K - BTM Capital announces that David Pirelli has joined their team as Senior Vice President and Chief financial Strategist, to improve upon their financial functions in Europe.
David brings with him an impressive background and wealth of experience to the role, having worked in a host of senior positions across the business.
He has a degree in law and a master’s in risk management and says: “I am very proud that BTM Capital has given me this opportunity. The UK and Switzerland represent major markets with significant potential for growth, particularly given the wealth of trending recommendations from BTM Capital”
David Pirelli’s appointment comes at an excellent time –right when there is a significant change in valuation of assets as well as development of attractive new investment opportunities in the region.
In his new role, Mr. Pirelli will be responsible for deepening investment capabilities and growing the business of BTM Capital in Asia, Australia & New Zealand.
At BTM Capital we are prepared for what lies ahead……
While the world around us remains turbulent, we keep building on our strengths. In 2019 we have grown to new record levels: Our revenues reached 1.65 Billion Dollars, our operating profit 982 Million dollars. Our extremely healthy business mix and global diversification allowed us to outperform yet another year despite challenges in the performance of our industrial insurance segment.
There are many sources to our success. We achieved growth by gaining market share in mature but relatively saturated markets and through strategic expansion in selected regions.
It takes a strong base to remain confident even in uncertain times. We have therefore written down our company purpose and, over the past two years, established it throughout our global organization units. Employees worldwide have worked to put into words what inspires everyone at BTM Capital to dedicate their best efforts to our customers day by day.
Like every year, 2019 also presented some challenges. Foremost among them was the low interest rate environment, with rates even turning negative in a growing number of instances. To continue delivering high value to our customers, we moved into alternative asset classes early on, reaching 1,25 billion euros in assets under management by the end of 2019. As we carefully adjust our portfolio, we manage to keep our balance sheet strong even under unfavorable conditions such as these, continually confirmed by very good ratings.Our resilience is fostered by our strategy by making insurance and investing simpler for our clients. We are slimming down our products, our processes, and our IT.
We are starting to get rid of old technologies and to prepare for a future-oriented digitization, which is not designed to fit with legacy systems but to accommodate future customer needs.
We look to the next year with utmost confidence – not because it is going to be an easy one but because we are well prepared for what lies ahead.
Contact Information
BTM Capital
Btm Capital
31 Harbour Exchange Square, Harbour Island, Canary Wharf, London
E14 9GE
Voice: 442038078525
