Director, Citadel Reinsurance Company Limited
Thomas (“Tom”) McMahon holds a Bachelor of Commerce (Hons) degree from University College, Galway, Ireland and is a qualified Chartered Accountant. He is President and a shareholder of Citadel Management Bermuda Limited (formerly Cedar Management Limited).
Prior to joining Citadel in 1994, Tom Served as the Financial Compliance Manager at ACE Insurance (1993-1994) and as an audit manager with Coopers & Lybrand in Bermuda (1988-1993). Since joining Citadel in 1994, Tom has been actively involved in the establishment and management of single parent and group captives and segregated account companies.
Tom is a past President of the Bermuda Insurance Management Association (“BIMA”). BIMA is an association of professional insurance management companies in Bermuda with its principal role as liaison with the Bermuda Monetary Authority and other bodies on matters affecting the captive insurance industry. He is also a past Chairman of the Bermuda Captive Conference. He is a member of the Insurance Advisory Council, a statutory body appointed by the Minister of Finance whose role is to advise the Ministry of Finance on matters relating to the Bermuda insurance market.