Harleysville Insurance has named John Keefe as its new senior vice president of corporate development.

In this position, Mr Keefe will be responsible for identifying strategic business opportunities designed to increase the company’s growth and profitability. Prior to joining Harleysville, Mr Keefe spent 12 years as a senior vice president with Ferris, Baker Watts, a Baltimore-based investment banking and research firm.

Michael Browne, president and CEO of Harleysville Insurance, said: John’s strategic business experience—coupled with his financial acumen, makes him well suited to this important new role in our organization and is certain to bring greater discipline and focus in our evaluation of new opportunities.