Admiral Group PLC Directorate Change
January 31 2023 - 9:00AM
UK Regulatory
TIDMADM
31 January 2023
Admiral Group appoints Mike Rogers Non-Executive Director and
Chair
Admiral Group plc ("Admiral") announces the appointment of Mike
Rogers as a Non-Executive Director and Chair. Subject to regulatory
approval and subject to Mike's appointment being approved at
Admiral's Annual General Meeting ("AGM") on 27 April 2023, Mike
will succeed Annette Court who will retire from the Board at
Admiral's AGM.
Annette Court joined Admiral's Board in 2012 and became Chair in
2017.
Mike Rogers has over 30 years of international financial
services experience and was Group Chief Executive Office of insurer
LV= from 2006 until 2016 and oversaw its transformation into a
significant player in the general insurance and life and pensions
markets. Prior to that, Mike worked at Barclays Bank for 20 years
and held a number of senior roles including Managing Director of UK
Retail Banking and Managing Director of Small Business Banking.
Mike is currently Chair of Experian plc, the global information
services company, and Aegon UK, a pensions, investments and
insurance provider. He is also an Independent Non-Executive
Director at NatWest Group plc, Chair of its Group Sustainable
Banking Committee and member of its Group Performance and
Remuneration Committee. Mike was previously a non-executive
director of the Association of British Insurers.
Justine Roberts, Senior Independent Director of the Admiral
Board, who led the appointment process for the new Chair, said: "We
are delighted to have Mike taking on the Chair at Admiral following
a rigorous assessment of external and internal candidates. I
believe his knowledge and expertise will be of benefit to both the
Board and the management team.
On behalf of the Board, I would like to thank Annette for her
remarkable contribution to the Board, for guiding the Group through
the pandemic and for agreeing to stay on to oversee the successful
CEO transition from David Stevens to Milena Mondini de Focatiis. We
wish her well for the future."
Annette Court, Chair of the Admiral Board, said: "It has been an
absolute privilege to serve as Chair of such an amazing business.
Mike is an excellent choice for the future Chair and takes on this
role at a very exciting time for the Group as it continues to
deliver on its diversification strategy. I wish Mike, Milena and
the wider Admiral team every success."
Mike Rogers, incoming Chair of the Admiral Group Board said: "It
is an honour for me to become Chair of this fantastic company as it
celebrates its 30(th) anniversary year. The Group is known for its
strong performance and unique culture and I am excited to work with
Milena and the management team to capitalise on forthcoming
opportunities and grow the business."
Milena Mondini de Focatiis, CEO of Admiral Group, said: "I am
pleased to welcome Mike onto the Group Board and look forward to
working with him and the rest of the Board as we continue to
deliver on our promises to our stakeholders. On behalf of all my
colleagues, I would like to thank Annette for the incredible
support she has provided to me, her dedication to both the business
and the Board and the wisdom she shared with us all."
There are no other matters requiring disclosure under Rule
9.6.13 of the Listing Rules.
Media
Addy Frederick Addy.Frederick@admiralgroup.co.uk +44 (0)7436035615
Investors/ Analysts
Marisja Kocznur InvestorRelationsTeam@admiralgroup.c
o.uk
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January 31, 2023 09:00 ET (14:00 GMT)
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