Phoenix CFO: Forecasting crucial when acquiring amid change
Rakesh Thakrar, finance leader of the insurance giant, reveals in an interview the vital role he plays supporting the FTSE-100 group through change by Lawrie Holmes - February 18, 2021
Delivering a major insurer’s biggest acquisition during lockdown is tough enough, having to achieve this working with a new CEO is quite another.
Rakesh Thakrar, CFO of Phoenix Group, was faced with this predicament when the consolidator took on its biggest purchase when it acquired ReAssure Group at the end of 2019.
The £3.2bn purchase of the asset from Swiss Re was completed last July, by which time the pandemic was heavily impacting global markets. At the same time Andy Briggs – who had started as CEO of Phoenix Group in March – was finding his feet.
major general jim mcconville, who is there with our troops. we know historically, the chechens have had activity in afghanistan. but there doesn t seem to be any evidence of any threats on our soil here in the united states, from the chechens. this would be something new. and the question we will have to learn, as they review everything, including all the activities of these two brothers on the day of the marathon and since, is whether or not they had contact with anyone outside of the united states, any known jihaddists or terror groups. we did see them remove a computer today from the sister of the two brothers. perhaps there will be in will be some evidence there. one captured, in the hospital, having surgery right now. the younger of the two. one killed in a shootout with police that happened a day ago.
0 the second suspect in the boston bombing, as atfr agents worked to stabilize him on the ground and in the back of an ambulance. mike tobin is in watertown, massachusetts, where they have seen a day like they never had before. i am certain of that, mike? reporter: certain of that. and this is where it all ended. you see the house behind me here, this is the house with the driveway at the end of the driveway was the boat where it all went down. it all went down, shortly after that lockdown was lifted. you heard that in the press conference. people could get out. they could walk around. they did that, as soon as they could, even though they had nowhere to go. once the pem were out on the street, suddenly we saw the police vehicles, the tactical team vehicle, racing through town. one after the other, after the other. the helicopter was up in the air and reports that shots had been firred at this location. it was a standoff. but ultimately, it was a matter of time before it was resolved
given medical treatment. the captain was inept least to saichl he should be prosecuted to an extend. pete zucker made it on to a small boat on the eric. it was never any warning to us. and there was no made yeah. mayday no, flares. a beacon would be you throw it into the water, gps picks it up. and lee survived worried about those who haven t been found. aur all good people. barbara s neighbor returned late thursday night. it s going to be a difficult thing, boy imagine. you know? losing friends, not knowing their whereabouts today. survivors recover, several families still wait for word on missing loved one autos we have to face the fact that, you know, this outcome may not end up being the way we want. for us, one place we know hadn t been searched is inside of the boat. and that is a family of lon donald lee, still missing, that family would like if a dive team would go down to take a look at the eric. at this point there are no plans to do that because