Direct Line Appoints Penny James to Succeed CFO John Reizenstein
September 08 2017 - 5:31AM
Dow Jones News
By Razak Musah Baba
LONDON--Direct Line Insurance Group PLC (DLG.LN) on Friday named
Penny James to succeed John Reizenstein as chief financial officer
of the group.
The insurer said Ms. James will join the company as
CFO-designate and the board as an executive director on Nov. 1. She
will succeed Mr. Reizenstein when he steps down as CFO and
executive director on March 1, 2018.
Ms. James is currently group chief risk officer and executive
director at financial services group Prudential PLC (PRU.LN).
Prudential confirmed Friday that she will be leaving both roles on
Sept. 30.
Also Friday, car insurance provider Admiral Group PLC (ADM.LN)
said that following Ms. James' appointment, she will step down as a
non-executive director of Admiral on Sept. 8.
Write to Razak Musah Baba at razak.baba@wsj.com; Twitter:
@Raztweet
(END) Dow Jones Newswires
September 08, 2017 05:16 ET (09:16 GMT)
Copyright (c) 2017 Dow Jones & Company, Inc.
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