ADM Admiral Group Plc

 
TIDMADM 
 
 
   Admiral Group plc ("Admiral") 
 
   Following receipt of regulatory approval, the Board of Admiral is 
pleased to announce the appointment of Karen Green as an independent 
non-executive director and Chair of the Audit Committee with effect from 
14 December 2018. 
 
   Karen will take over as Audit Committee Chair from Colin Holmes who will 
step down from this role with effect from 14 December 2018.  Colin will 
also step down from his role as a non-executive director, member of the 
Nomination and Governance Committee and Senior Independent Director 
(SID) with effect from 31 December 2018, having completed 8 years on the 
Admiral Board. Owen Clarke has been appointed by the Admiral Board to 
take over from Colin Holmes as SID with effect from 31 December 2018, 
subject to regulatory approval. Non-executive director, Justine Roberts, 
has been appointed to join the Nomination and Governance Committee as a 
member with effect from 31 December 2018. 
 
   Karen Green has substantial financial services experience including 
investment banking, private equity and insurance most recently as the 
Chief Executive of Aspen UK, which comprised the UK insurance and 
reinsurance companies of Aspen Insurance Holdings for over 6 years. She 
also held a number of other senior positions at Aspen including Group 
Head of Strategy, Corporate Development and Office of the Group CEO. 
Prior to that, she held various senior corporate finance, M&A and 
private equity roles at GE Capital Europe and then MMC Capital (now 
Stonepoint Capital) having started her career as an investment banker at 
Baring Brothers and then Schroders. She is currently a non-executive 
director of Phoenix Holdings Group plc, listed on the London Stock 
Exchange and the Council of Lloyd's of London. 
 
 
 
   Annette Court, Admiral Group Chairman, said: "I am delighted to welcome 
Karen to the Admiral Board. She brings valuable financial services 
experience and will complement the range of skills we currently have in 
the Group. We all look forward to working with her." 
 
   "I would also like to thank Colin for his loyal service to the Admiral 
Group over the last 8 years. We will miss his excellent contribution, 
wise counsel and his ability to always look at things from a fresh 
perspective." 
 
   There is no further information, which would require disclosure under 
9.6.13R of the Listing Rules of the UK Listing Authority. 
 
   For any further information, please contact: 
 
   Marisja Kocznur - Head of Investor Relations - 029 20602034 
 
   Louisa Scadden - Head of Communications - 0333 220 2062 
 
   This announcement is distributed by West Corporation on behalf of West 
Corporation clients. 
 
   The issuer of this announcement warrants that they are solely 
responsible for the content, accuracy and originality of the information 
contained therein. 
 
   Source: Admiral Group PLC via Globenewswire 
 
 
  http://www.admiralgroup.co.uk 
 

(END) Dow Jones Newswires

December 14, 2018 09:30 ET (14:30 GMT)

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