5th Feb 2019 14:20
LONDON (Alliance News) - RSA Insurance Group PLC on Tuesday said it appointed Chief Financial Officer Scott Egan as chief executive of its UK & International division with immediate effect.
Steve Lewis, who currently serves as CEO of RSA's UK & International division will step down from this role and leave RSA. Lewis joined the FTSE 100-listed company in January 2015.
The general insurance company said Egan will continue to serve as a board member, reporting to Chief Executive Stephen Hester.
Recruitment of a new CFO for RSA is underway and an appointment is expected to be announced in the coming weeks, the company said.
"I'd like to thank Steve for his service to RSA over the last four years, leading a comprehensive restructuring of our UK&I businesses," said Hester.
"Scott has done an excellent job as CFO at RSA since joining, and I look forward to working closely with him in his new capacity," added Hester.
RSA Insurance shares were trading 1.2% higher on Tuesday at 520.60 pence each.
Related Shares:
RSA.L