After two years in Sydney establishing an Asia Pacific presence for fund manager Liberty Mutual, Scott Saddington is off to New York.

In his new position as senior vice-president, global financial products, Saddington will report to chief underwriting officer Gary Dubois. His focus will be on new financial products such as credit and weather derivatives, as well as alternative distribution sources.

Saddington has 19 years experience in the banking, investment and insurance sectors. Before joining Liberty Mutual in 1999, he was with American International Group in New York, Los Angeles and Toronto.