– UK, Cardiff – Admiral Group Plc is pleased to announce the appointment of Manning Rountree as an independent non-executive director with effect from 16 June 2015. Manning will also join the Risk Committee on appointment.
Manning Rountree is a senior executive at White Mountains Insurance Group Ltd., a publicly-traded, Bermuda-domiciled holding company for insurance and financial services interests around the world, where he oversees transactions, mergers and acquisitions and new business development. Until recently, he also served as President of White Mountains Advisors, the company’s in-house asset management operation.
Prior to joining White Mountains in 2004, Manning was a consultant at McKinsey & Company, focused on the insurance, asset management and financial services sectors. He was also the Director of Corporate Development for Putnam Investments, a Boston-based asset management company.
Alastair Lyons, Admiral Group Chairman, said: “Now that Admiral has both developing auto insurance and price comparison businesses in the United States I am delighted that someone of Manning’s experience in the US insurance sector has agreed to join our Group Board. We already much value his input as a member of the Board of compare.com, our US price comparison business in which White Mountains has an investment.”
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