XL Capital, a provider of insurance and reinsurance services, has appointed Fiona Muldoon as its new senior vice president and global treasurer.

Ms Muldoon has previously served as the senior vice president and corporate strategy, development and planning officer for the company. In her new role, she will report to XL’s CFO, Brian Nocco.

As global treasurer, Ms Muldoon will oversee XL’s treasury operations, including global liquidity, funding, cash management, foreign exchange management, capital management, rating agency relationships and credit ratings management. She will continue to be responsible for XL’s corporate development and strategic planning functions.

Mr Nocco said: XL is fortunate to have someone of Fiona’s caliber as global treasurer. Her strong analytical and leadership skills along with her financial expertise have been invaluable to XL during the past 15 years. I look forward to working more closely with Fiona who will continue to be a tremendous asset to XL’s senior finance management team.