Scottish Widows chief becomes ABI chairman

He succeeds Keith Satchell, who stood down yesterday after a two-year term. Satchell retired from his group chief executive role at Friends Provident in January this year. Kane became chief executive of Scottish Widows in 2003. He also holds the group executive director of insurance and investments role at Lloyds TSB and joined the bank’s board in 2000. Kane says: "I am particularly keen to work closely with all the new ministers and politicians of all parties to promote a better understanding of the role and value of insurance in the modern world. "The EU is now introducing its So...