8th Mar 2016 09:30
RSA INSURANCE GROUP PLC
(THE “COMPANY”)
DIRECTOR APPOINTMENT
8 March 2016
RSA Insurance Group plc (RSA) today announces the appointment of Martin Strobel as a Non-Executive Board Director as of 1st May 2016. He will also join the Audit, Investment and Remuneration Committees.
Martin has over 23 years insurance and financial services experience, most recently as Chief Executive Officer of Baloise Group, a position he held for seven years to 2015. He joined Baloise Group in 1999 as the Head of IT at Basler Switzerland and, within Baloise Group, was responsible for major cross-functional insurance and finance projects. From 2003 to 2008 he was a member of the Corporate Executive Committee with responsibility for the Corporate Division Switzerland. From 1993 to 1999 Martin performed various roles at Boston Consulting Group, Düsseldorf, advising businesses in the banking and the insurance sectors.
Commenting on the appointment, RSA Chairman Martin Scicluna said:
“We are delighted to welcome Martin to RSA’s Board. He brings a deep understanding of the insurance sector and a wealth of financial services expertise, particularly in driving successful transformation programmes across international businesses. We look forward to leveraging his direct industry experience and knowledge to ensure that RSA continues to deliver value for its customers and shareholders while advancing its operational priorities.”
There is no information to disclose under LR 9.6.13.
- ENDS-
| For further information |
| Enquiries: |
| Louise Shield |
| Director of External Communications |
| 0207 111 7047 |
| Elinor Bell |
| Deputy Group Company Secretary |
| 0207 111 7000 |
| Notes to Editors | ||
| 1999 – April 2016 | Baloise Holding AG | |
| Swiss Insurance and Banking company | ||
| Market cap £3.9bn; Turnover £7.2bn | ||
| 2009 – 2016 | Chief Executive | |
| 2003 – 2009 | Member of the Executive committee of Baloise Group & Head of Swiss Corporate Division | |
| 1999 – 2003 | Head of IT, Basler Switzerland | |
| 1993 – 1999 | Boston Consulting Group | |
| Manager Financial Services & IT | ||
| Associate, Financial Services | ||
About RSA:
With a 300 year heritage, RSA is one of the world’s leading multinational quoted insurance groups. Focusing on general insurance, RSA's core markets are the UK and Ireland, Scandinavia and Canada with the capability to write business across the globe. We have around 14,000 employees across the core businesses and, in 2015, our net written premiums were £6.8 billion.
View source version on businesswire.com: http://www.businesswire.com/news/home/20160308005729/en/
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