Bermuda-based specialty lines insurance and treaty reinsurance provider AXIS Capital Holdings has appointed Joseph Henry as its new chief financial officer, effective from 18 June 2012.

Henry, who will report to AXIS Capital’s president and chief executive officer, Albert Benchimol, will also join the company’s Executive Committee.

Benchimol said: "With over 20 years of experience in finance and operations leadership roles in the insurance industry, Joe brings significant international finance and operations expertise as well as proven management skills to his new position."

Henry will continue operations as XL Insurance’s executive vice president and chief financial officer, until he retires on 31 May 2012.

Since joining XL in 2003, Henry served as the global controller for XL Global Service and as the corporate controller for XL Capital.

Henry also held leadership roles a including Chief operating officer and chief financial officert Meadowbrook Insurance Group, prior to joining XL.