NFP Welcomes Caleb Noel as New Chief Financial Officer to Drive Growth

NFP Appoints Caleb Noel as Chief Financial Officer

In a notable move within the financial sector, NFP, a prominent company owned by Aon and known for its excellence in property and casualty brokerage and benefits consulting, has announced the promotion of Caleb Noel to the position of Chief Financial Officer (CFO). This strategic promotion is expected to enhance NFP's efforts in driving scalable growth, increasing profitability, and fostering long-term value creation within the risk capital and human capital sectors.

Based in Austin, Texas, Noel brings an impressive 23-year tenure at NFP, where he has held various pivotal roles that have molded him into a knowledgeable leader within the organization. His keen insights into NFP’s operational systems and culture have positioned him well to lead financial strategies that align with the company’s vision of sustainable growth. Noel will report directly to Doug Hammond, the CEO of NFP, as well as to the finance team at Aon.

Noel's elevation to CFO comes after the successful sale of several subsidiaries, including Wealthspire Advisors and Fiducient Advisors, to Madison Dearborn Partners—a transaction that concluded on October 30. This sale has paved the way for a renewed focus on optimizing the remaining segments of NFP's business.

Doug Hammond expressed enthusiasm over Noel's appointment, stating, "With his track record of success at NFP, I am excited to see Caleb continue to elevate his impact on our growth trajectory. He possesses an in-depth understanding of our business mechanics, sales operations, and corporate culture. This insight is crucial as we aim to develop financial strategies that resonate with our long-term objectives."

Before stepping into the CFO role, Caleb Noel served as the Senior Vice President of Finance and Operations at NFP and was previously Vice President of Finance at Scottish Holdings, a segment of Scottish Re. He also began his career as an analyst in the investment banking division at Prudential Securities, which has equipped him with a robust foundation in finance and operational excellence.

Noel's promotion illustrates NFP's commitment to fostering talent from within and highlights their confidence in his ability to navigate the complexities of financial leadership during a critical growth phase. In this new role, Noel will lead a competent financial team that includes Mike Campbell, recently promoted to Executive Vice President and Chief Accounting Officer. Michael’s extensive experience with NFP since 2013 brings a wealth of knowledge that will support Noel in achieving the company's financial aspirations.

Expressing his thoughts on this transition, Noel remarked, "It is an honor to step into the role of CFO and join the esteemed executive team at NFP. I look forward to collaborating across various departments to uncover new avenues for growth. Together, we will continue elevating our financial standards and explore strategic opportunities, thereby building a robust future that reflects the collective vision and strength of NFP."

Founded to help individuals and companies tackle significant challenges related to Risk Capital and Human Capital, NFP operates across multiple regions, including the U.S., Canada, the UK, and Ireland. The company stands out for its collaborative approach and specialized expertise, delivering customized solutions in areas such as property and casualty insurance, employee benefits, life insurance, and wealth management.

As Caleb Noel embarks on his new journey as CFO, stakeholders are keen to observe how his leadership will influence NFP's strategic direction, particularly in navigating the intricate landscape of financial management in today's ever-evolving market.