RSA Ins Grp Directorate Change
26 February 2015 - 6:05PM
UK Regulatory
TIDMRSA
RSA Insurance Group plc - Group Chief Financial Officer
RSA Insurance Group plc today announces that Richard Houghton,
Group Chief Financial Officer, will stand down from the Board of
Directors with effect from 7 May 2015. He will continue in his
executive role but will leave the Group later this year once a
successor is recruited.
Stephen Hester, RSA Chief Executive comments:
"I would like to thank Richard for his valued contribution to
the company. I look forward to continuing to work with him until he
leaves, to facilitate an efficient handover and to maintain our
positive momentum in the interim.
"Richard joined RSA in June 2012. He has led the Finance
function through challenging times since then. In 2014 important
advances were made, including capital raising, balance sheet
clean-up and adopting a more intensive operational rhythm. As we
move deeper into the delivery of RSA's improvement plans, now is a
natural point for Richard to pursue new opportunities. He will
leave with our best wishes for the future."
-ENDS-
Notes to Editors:
Enquiries
Louise Shield
Director of External Communications
Tel: +44 (0) 20 7111 7047
Email: louise.shield@gcc.rsagroup.com
Kaidee Sibborn
Media Relations Manager
Tel: +44 (0) 20 7111 7137
Email: kaidee.sibborn@gcc.rsagroup.com
About RSA Group
With a 300 year heritage, RSA is one of the world's leading
multinational quoted insurance groups. RSA has major operations in
the UK, Scandinavia, Canada, Ireland, Asia and the Middle East,
Latin America and Central and Eastern Europe and has the capability
to write business in around 140 countries. Focusing on general
insurance, RSA has around 19,000 employees and, in 2014, its net
written premiums were GBP7.5 billion.
This information is provided by Business Wire
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