Craig Marshall has been appointed CFO at Arteva Funding, effective October 18.

Sydney-based Mr Marshall will work closely with CEO Daniel Gronert and the executive team to expand the business.

Formerly CFO at Cover More Group, Mr Marshall most recently spent four years as CFO at Bond & Credit Co, which is backed by Tokio Marine. He has more than 24 years’ finance experience across Australia, Europe and South Africa.

“I look forward to working with the highly committed team to deliver on growth strategies,” he said.

Arteva Funding provides more than 110,000 clients with an insurance premium funding solution each year. It also offers professional fee funding, business loan and invoice finance solutions. The Arteva brand was launched following the merger of Premium Funding and Principal Finance.

Mr Gronert says Mr Marshall will be a valuable contributor in guiding the company as a technology leader in its industry.