Debbie Chalkley Named Fairfax India CFO, Amy Sherk Transitioned to Group CFO

Fairfax India Holdings has appointed Debbie Chalkley as its new Chief Financial Officer (CFO), succeeding Amy Sherk, who has been promoted to CFO of Fairfax, the parent company. Chalkley brings over 13 years of experience within the Fairfax organization, most recently serving as CFO of Onlia Insurance. Sherk will remain involved with Fairfax India as Vice President to support a smooth transition. Founder Prem Watsa praised Sherk's contributions and expressed excitement about Chalkley's appointment, highlighting the company's commitment to succession planning. Fairfax India recently reported a significant net loss for fiscal year 2024, contrasting sharply with the previous year's earnings, while Fairfax Financial also experienced a decline in net earnings. Both companies face challenges amid shifting financial conditions in the market.