New appointments at the Association of British Insurers (ABI) sees chief executive of Scottish Wid...
New appointments at the Association of British Insurers (ABI) sees chief executive of Scottish Widows, Mike Ross, take on the role of chairman in place of Bob Scott of CGNU.
Ross, also deputy group chief executive of Lloyds TSB, will have overall responsibility for ABI's general insurance operations.
Keith Satchell, chief executive of Friends Provident, becomes the ABI's new deputy chairman. He will also chair the ABI's life insurance council management committee.
Satchell joins Ian Chippendale, who continues as a deputy chairman of the ABI and as chairman of its general insurance council management committee.
David Rough, group director of Legal & General remains chairman of the ABI's investment committee.
New chairman of the ABI, Mike Ross commented: "I am delighted to be taking this role at a time of real change and reform in the industry. We have a big task ahead of us to convince our customers, Government and regulators that we are responding to rising expectations."
‘Important to have an anchor’
Report to be written by TPR
Lack of innovation for solutions
Some 2,000 consumers affected