Leadership Transition at Fairfax India Holdings Corporation
Fairfax India Holdings Corporation, a prominent property and casualty re/insurance holding company, has announced a key leadership change. Debbie Chalkley has been appointed as the new Chief Financial Officer (CFO) of Fairfax India, succeeding Amy Sherk. Sherk has been promoted to the role of CFO of Fairfax, the major shareholder of Fairfax India, effective immediately.
To ensure a smooth handover, Sherk will continue as a Vice President at Fairfax India. This will allow her to provide consistent support and guidance during the transition, while also contributing to the company’s strategic growth initiatives.
Chalkley brings over 13 years of experience within the Fairfax organization, having previously served as the CFO of Onlia Insurance. Her career at Fairfax has seen her occupy various leadership roles of increasing responsibility at Northbridge Financial Corporation, including Vice President positions in both finance and information technology.
Prem Watsa, the Founder of Fairfax India, expressed his gratitude for Amy’s contributions, stating, “Fairfax India has greatly benefited from Amy’s leadership, expertise, and financial acumen during her six-year tenure.” He added, “I have every confidence that she will excel in her new role as CFO of Fairfax. We are equally thrilled to welcome Debbie to the Fairfax India team and anticipate a productive collaboration as we embark on the next phase of growth.”
Watsa further noted, “Our strength lies in the executive depth within the Fairfax family, allowing us to implement effective succession planning.”
