After 25 years as CIO of insurance company Chubb Group, Tim Boroughs is leaving his post to take on the roles of vice chairman of the Chubb Group and executive chairman of asset management. Deputy CIO Chris Hogan is being promoted to succeed Boroughs to oversee the investments of the firm’s more than $246 billion in assets under management.
Prior to joining Chubb in 2000, Boroughs was director of fixed income at Tudor Investment from 1997 to 2000. Before that, he was managing partner in and director of global leveraged investment activity at Fischer Francis Trees & Watts from 1976 to 1997.
“For more than 25 years, Tim has shaped and managed our investment strategies and built and led our investment organization globally,” Chubb Chairman and CEO Evan Greenberg said in a statement. “He is a wise, deeply experienced, exceptional investor and asset manager.”
Before Hogan joined Chubb in 2023, he had worked at Goldman Sachs for 22 years, most recently as a fixed-income portfolio manager, head of the global securitized investment team and co-CIO for Goldman Sachs Asset Management’s fixed-income hedge fund.
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“Chris has been a great partner in driving Chubb’s exemplary investment results,” Boroughs said in a statement. “With deep industry knowledge of Chubb’s business, he has proven his exceptional value as portfolio manager and market strategist.”
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Tags: chief investment officer, Chris Hogan, Chubb, Evan Greenberg, Tim Boroughs
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