Everest Group appoints Elias Habayeb as new EVP and CFO

EG +1.85%

Everest Group has appointed Elias Habayeb as executive vice-president (EVP) and group chief financial officer (CFO), effective on or around 1 May 2026.

Habayeb will report directly to Everest president and CEO Jim Williamson and join the company’s executive leadership team.

Habayeb will replace Mark Kociancic, who is set to retire from the company after five years following the first-quarter reporting cycle.

Kociancic is expected to continue with Everest as a special advisor during the handover period to support an orderly change in financial leadership.

Habayeb brings more than 30 years of experience in senior finance positions across the insurance and financial services sectors.

Most recently, he was the CFO of Corebridge Financial, where he managed all finance and actuarial functions.

Before his time at Corebridge Financial, Habayeb served in CFO roles at various divisions of American International Group, including General Insurance and Life & Retirement.

In the Life & Retirement business, he played a central role in the initial public offering that resulted in Corebridge Financial operating as a separate listed company.

Previously, Habayeb served as CFO of AIG subsidiary company International Lease Finance Corporation.

Prior to that, he was a partner in Deloitte & Touche’s Capital Markets Group, working on structured products and financial services.

Williamson said: “Elias is an outstanding financial leader whose experience, strategic insight and record of value creation will be instrumental as we strengthen Everest’s foundation for sustained performance.

“With a renewed focus on our core businesses, Everest is well positioned to capture the opportunities ahead and deliver consistent, lasting returns for our shareholders.

“I also want to thank Mark for his many contributions, leadership and partnership during a transformative period for Everest. We wish him the best in his future endeavours and look forward to collaborating through a seamless transition.”

Last month, Everest Group agreed to divest the renewal rights for its Global Retail Commercial Insurance portfolio to AIG.

"Everest Group appoints Elias Habayeb as new EVP and CFO " was originally created and published by Life Insurance International, a GlobalData owned brand.

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