The Chartered Insurance Institute (CII) has elected Allianz Commercial general manager Chris Hanks as president, replacing Barry Smith.
He takes over from the chief executive officer of Fortis UK to become the 114th president of the CII.
Elected as deputy-president alongside Hanks was Julian James, chief executive officer of Lockton International.
The appointments were announced at the CII annual general meeting in London yesterday.
Hanks says: "It's a great honour to take the presidency of the CII and particularly in the run up to the centenary of our Royal Charter in 2012.
"I would like to pay tribute to all that Barry Smith has achieved over the last year especially his work as chairman of the general insurance taskforce.
He says as a member of the professionalism task force, and now as president of the CII, he intends to be a "strong advocate" for the Aldermanbury Declaration and the promotion of talent within the sector and attracting the best from outside.
"A sector-wide commitment to a common framework for professional standards will create a virtuous circle of better outcomes for customers, resulting in improved public trust and confidence, which will in turn attract more talented people to pursue a career in our profession," he says.
Dr Alexander Scott, CII chief executive, paid tribute to all the members who volunteer to support the organisation and highlighted the great progress it has made over the last year.
He says: "This commitment has enabled us to maintain momentum against a backdrop of political and market uncertainty. I am also pleased to report to our members during the first half of 2010 we continue to motor ahead.
"As a result, membership fees have been frozen since September 2008."
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