Announcement of CFO Appointment

For immediate release

26 February 2019

RSA INSURANCE GROUP PLC

Announcement of Chief Financial Officer Appointment

RSA Insurance Group plc ("RSA") is pleased to announce the appointment of Charlotte Jones as Chief Financial Officer. Charlotte replaces Scott Egan who moved to become CEO of RSA's UK & International Division on 5 February, 2019. Charlotte will serve on the Board as an Executive Director, reporting to Group CEO Stephen Hester. Charlotte is expected to take up the CFO position by summer 2019.

Charlotte is currently a non-Executive Director of RSA and member of the Group Audit and Board Risk Committees. Her executive role is as CFO of Jupiter Fund Management plc, which she will leave to take up her new role at RSA.

Stephen Hester, RSA Chief Executive, commented:

"We are delighted that Charlotte has agreed to join RSA as CFO. She has excellent financial services credentials and is well known to us, having served as a non-Executive Director on our Board over the last year. She will be an able successor to Scott Egan and I'm looking forward to working with her."

Charlotte Jones said:

"I've enjoyed getting to know RSA as a non-executive Director. The business has a clear, ambitious strategy and a strong team, and I'm pleased to be getting more deeply involved to help them take their plans forward."

Charlotte's appointment is subject to regulatory approval. This notification is made in accordance with LR 9.6.11.

- ENDS-

For further information 

Enquiries: 

Charlotte Heiss, Group Company Secretary

Tel: +44 (0)20 7111 7000 

[email protected]

Investor Relations:

Kerry McConnell, Investor Relations Director

Tel: +44 (0)20 7111 1891

[email protected]

Matthew Cohen, Investor Relations Manager

Tel: +44 (0)20 7111 7243

[email protected]

Press:

Natalie Whitty, Communications Director

Tel +44 (0) 7584 342052

[email protected]

Website: www.rsagroup.com

LEI: 549300HOGQ7E0TY86138

Note to Editors

1. Charlotte Jones joined Jupiter Fund Management plc as CFO in 2016. She spent 14 years to 2004 specialising in financial services at Ernst & Young (latterly as a partner). She was at Deutsche Bank AG from 2004-2013 in various senior finance roles, latterly as Deputy CFO, and at Credit Suisse AG 2013-2016 as Head of Group Finance and Chief Accounting Officer.

2. Charlotte's remuneration will be in line with the Directors' Remuneration Policy approved by shareholders in May 2017 and disclosed in the Directors' Remuneration Report.

3. From the date of this announcement, Charlotte will continue as a non-Executive Director but will no longer be considered independent. In this capacity she will continue as a member of the Board as well as an attendee at the Group Audit and Risk Committees.

About RSA Insurance Group plc

With a 300-year heritage, RSA is a multinational quoted insurance group. RSA operates three core business segments: Canada, Scandinavia and UK & International; and has the capability to write business in over 100 countries. RSA has around 12,600 employees with net written premiums of £6.7 billion in 2017.