Conduit Holdings Limited Directorate Change (0294H)
July 25 2023 - 2:00AM
UK Regulatory
TIDMCRE
RNS Number : 0294H
Conduit Holdings Limited
25 July 2023
Pembroke, Bermuda - 25 July 2023
Pembroke, Bermuda - 25 July 2023
Conduit Holdings Limited
("CHL" LSE ticker: CRE)
Directorate Change
CHL, the parent company of Conduit Re, a pure-play reinsurance
business based in Bermuda, today announces the appointment of
Rebecca Shelley as a non-executive director with effect from 24
July 2023.
Rebecca brings extensive commercial and financial services
experience to the Board, as well as her background in investor
relations and communications roles at public companies. Having been
Investor Relations and Corporate Communications Director at Norwich
Union plc from 1998-2000, Rebecca moved to Prudential plc in 2000,
starting as Investor Relations Director, and then became Group
Communications Director with a seat on their group executive
committee.
From 2012 to 2016, Rebecca was the Group Communications Director
of Tesco plc and a member of their Executive Committee. During this
time she held positions on the board of the British Retail
Consortium and was a trustee of the Institute of Grocery
Distribution. In her final executive role Rebecca spent three years
at broker TP ICAP plc as Group Corporate Affairs Director, and was
a member of the global executive committee.
Rebecca currently serves as a non-executive director of Sabre
Insurance, Liontrust Asset Management and Hilton Food Group. In her
various non-executive director roles, she has served on
remuneration (including as chair), nomination, audit and risk
committees and as the senior independent director. She is also
chair of the sustainability committee at Hilton Food Group.
Rebecca will serve on CHL's Nomination and Remuneration
Committees, and will join Conduit's ESG Committee.
Neil Eckert, Executive Chairman, commented:
"I am delighted to welcome Rebecca to our Board. She brings a
wealth of public company and City experience. Along with extensive
knowledge of financial services, she has a strong background in
investor and public relations and in sustainability. She is also
the Senior Independent Director of two other UK public
companies."
Trevor Carvey, Chief Executive Officer, added:
"We look forward to benefiting from Rebecca's experience and
considerable expertise as we continue to build the business on the
strong foundations put in place to date."
There is no further information required to be disclosed with
respect to Ms. Shelley's appointment pursuant to paragraph 9.6.13R
of the Listing Rules.
Media contacts
H/Advisors Maitland - Vikki Kosmalska / Alistair de
Kare-Silver
+44 (0) 207 379 5151
conduitre@h-advisors.global
Investor relations and other enquiries:
info@conduitreinsurance.com
Panmure Gordon (UK) Limited (Joint Corporate Broker)
+44 (0) 207 886 2500
Berenberg (Joint Corporate Broker)
+44 (0) 203 207 7800
Peel Hunt (Joint Corporate Broker)
+44 (0) 207 418 8900
About Conduit Re
Conduit Re is a pure-play Bermuda-based reinsurance business
with global reach. Conduit Reinsurance Limited is licensed by the
Bermuda Monetary Authority as a Class 4 insurer. A.M. Best has
assigned a Financial Strength Rating of A- (Excellent) and a
Long-Term Issuer Credit Rating of a- (Excellent) to Conduit
Reinsurance Limited. The outlook assigned to these ratings is
stable.
Conduit Holdings Limited is the ultimate parent of Conduit
Reinsurance Limited and is listed on the London Stock Exchange
(ticker: CRE). References to "Conduit" include Conduit Holdings
Limited and all of its subsidiary companies.
Learn more about Conduit Re:
Website: https://conduitreinsurance.com/
LinkedIn: https://www.linkedin.com/company/conduit-re
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END
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