17 January 2025
Isabel
Hudson appointed Chair of Royal London
Royal London today announces the appointment of
Isabel Hudson as a non-executive director and as Chair of The Royal
London Mutual Insurance Society Limited with effect from 10
February 2025. Lynne Peacock, current Interim Chair, will step down
from the Royal London Board on 9 February 2025.
Ms. Hudson has extensive financial
services experience spanning insurance, pensions and regulation,
together with non-executive roles in the telecoms and house
building sectors. She is currently a non-executive director at AXA
SA and Chair of Guide Dogs. Among other roles, Ms. Hudson has
served on the Boards of RSA Insurance Group plc, Phoenix Group
Holdings, BT, National House Building Council, The Pensions
Regulator and Standard Life.
Commenting on the appointment, Lynne Peacock, Interim Chair
said:
"Isabel brings significant financial
services insight and an impressive board portfolio, including
experience from other sectors. Her deep understanding of the key
markets in which Royal London operates will be of immense value to
the Royal London Board and its members. I wish Isabel and Royal
London the very best for the future."
Barry O'Dwyer, Group Chief Executive Officer,
said:
"Isabel is an excellent choice to be
the next Chair of the Board of Royal London. Royal London is a
customer-owned mutual and Isabel shares my passion for mutuality. I
am looking forward to working with her to deliver even more for the
customers we serve.
"I also want to thank Lynne Peacock,
Interim Chair, who will be stepping down from the Board, and I wish
her every success for the future."
Isabel Hudson said:
"I am delighted to join the Board of
a company with a long and distinguished history of mutuality and a
strong sense of purpose. Royal London's commitment to helping build
financial resilience is particularly important to me. I look
forward to working with the Board and wider management team and
focusing on delivering long-term value for our members and
customers."
-Ends-
For further information please
contact:
Lora Coventry, Senior PR Strategy
Manager (lora.coventry@royallondon.com
/ 07919 170673)
Notes to editors
Ms. Hudson will chair the
Nominations and Governance Committee and the Disclosure Committee,
and will become a member of the Remuneration Committee with effect
from 10 February 2025.
Recent
non-executive appointments
|
2024 - present
|
Guide Dogs, Chair
|
|
2023 - present
|
ISC Group CIC, non-executive
director
|
|
2020 - present
|
AXA SA, non-executive director &
Chair of Audit Committee
|
|
2014 - 2024
|
BT, non-executive director,
Designated Non-Executive for employees & Chair, Compliance
Committee since 2019
|
|
2016 - 2019
|
RSA Insurance Group plc, Senior
Independent Director from 2017, previously non-executive
director
|
|
2011 - 2020
|
National House Building Council from
2011 & Chair from 2017
|
|
2010 - 2017
|
Phoenix Group Holdings plc,
non-executive director
|
|
2014 - 2016
|
Standard Life plc, non-executive
director
|
|
2010 - 2013
|
MGM Advantage Life Ltd,
non-executive director & Chair, Audit Committee
|
|
2009 - 2014
|
Pensions Regulator, non-executive
director
|
|
2005 - 2014
|
QBE Insurance Group Ltd,
non-executive director & Chair, Remuneration
Committee
|
About Royal London
Royal London is the largest mutual
life, pensions and investment company in the UK, and in the top 30
mutuals globally*, with assets under management of £169 billion,
8.5 million policies in force and over 4,400 employees. Figures
quoted are as at 30 June 2024.
*Based on total 2022 premium income.
ICMIF Global 500, 2024
