RSA announced the appointment of Martin Scicluna as its new Chairman. He has “considerable financial services experience having spent over 30 years at Deloitte where he was Chairman from 1995 to 2007,” said the bulletin. “He has also built up wide Board experience in his current roles as Chairman of Great Portland Estates Plc and Chairman of the Audit committee and a Non-Executive Director of Lloyd’s Banking Group Plc.”
Scicluna will formally join RSA’s Board on January 1, 2013, succeeding John Napier who is stepping down after ten years, effective December 31, 2012.
Edward Lea, Senior Independent Director, noted Scicluna’s “considerable knowledge and understanding of the financial services sector,” adding that his “board experience” would be a real asset to the Group, bringing a “fresh approach that will support our aims to deliver an excellent service to our customers and value for our shareholder.”
Lea also thanked Napier “for his contribution and commitment to the company over the last ten years. Alongside the management team he has been instrumental in transforming RSA into the thriving global business it is today. The Board would like to congratulate John on his tenure as Chairman and wish him well for the future.”
Source: RSA
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