Galway Holdings names Frank Mammaro as CFO

Galway Holdings, a diversified broker and insurance distribution platform, has appointed Frank Mammaro as Chief Financial Officer (CFO), based in Jersey City.

The appointment follows the reshuffling of the leadership team in February 2024, as Jennings and Denton took over as Chief Executive Officers and established Galway Retail Services and Galway Specialty Markets, respectively.

Mammaro’s addition to Galway aligns strategically with the company’s growth objectives.

In his new role, Mammaro will oversee and manage all finance, accounting, and capital markets functions across the Galway ecosystem.

He will also contribute to the company’s overarching strategy, investment, and operational initiatives, playing a key role in driving inorganic growth through mergers and acquisitions (M&A). Additionally, Mammaro will be responsible for overseeing organic growth and producer recruiting initiatives.

Mammaro commented: “Having worked closely with the Galway finance team over the years, transitioning to a leadership role within the organisation will significantly accelerate our growth efforts. I’m excited to facilitate our finance team’s robust fiscal oversight, while making strategic investments to fuel growth, align resources and enhance our finance, operations and technology functions.”

Mammaro has over two decades of experience in operations, finance and accounting administration and has spent 15 years in the insurance brokerage industry.

Mammaro started his career working in Grant Thornton LLP’s audit practice before joining Integro Insurance Brokers. While at Integro, he started on the corporate accounting team before establishing its first FP&A practice, eventually becoming US CFO and Global FP&A leader.

He led Integro US to its successful sale to EPIC, where he started as the Northeast Regional CFO, and eventually CFO of the entire organisation after Galway recapitalised the business.

Jennings added: “Frank’s career has been marked by a series of impactful CFO roles, demonstrating his exceptional leadership and ability to drive growth, which is why we’re confident in his ability to oversee our financial operations. With Frank’s rich background, Galway is well-positioned to execute on our expansion initiatives, helping to ensure sustainable growth and long-term success.”

Denton concluded: “Frank has been at the forefront of growing companies, with a track record in building, leading and developing successful teams in finance, accounting, tax and operations. Building on our success in establishing three core business groups at Galway, Frank will play a pivotal role in our continued evolution by positioning us for further growth.”

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