Chesnara welcomes Carol Hagh and Karin Bergstein to its Board as Independent Directors

– UK, Preston –  Chesnara plc (LON: CSN), today announced the appointment of Carol Hagh and Karin Bergstein to its Board as new Independent Non-Executive Directors, with immediate effect, bringing the Board to six members.

“I am delighted to welcome both Carol and Karin to the Board of Chesnara. We are delighted to have attracted two highly talented individuals with such diverse expertise and experience. Their insight and skills, particularly from an international perspective, will be of significant benefit to the Group as we continue to execute on our ambitious strategy and deliver value to our policyholders and shareholders,” said Board Chairman, Luke Savage.

Carol will join the Nomination & Governance Committee and Remuneration Committee while Karin joining Audit & Risk Committee and Nomination & Governance Committee.

About Carol Hagh

Carol has had an extensive international career in the insurance sector. She was previously head of the UK insurance practice at the executive search firm Spencer Stuart. Before this, she held roles in strategy, customer centricity, and digital innovation at Aviva in the UK and Aegon in the Netherlands. She began her career in the US as an actuarial trainee. Carol holds a BA from Harvard University and an MBA from INSEAD.

About Karin Bergstein

Karin brings a wealth of experience from a career in executive and non-executive roles. She has helped several listed companies develop and grow with a proven track record in M&A and (digital) transformation. Most recently these have included roles as CFO for Aidence N.V., COO of a.s.r. Nederland N.V. and various senior executive positions within ING Bank and its subsidiaries. Karin is also an experienced non-executive in financial services (BNG Bank N.V, Van Lanschot Kempen N.V.), care/pharma (Sanquin), and academic (Utrecht University) environments. Karin holds several undergraduate and post-graduate qualifications from institutions in the Netherlands, the US, and France.

About Chesnara

Chesnara is a life and pensions company listed on the London Stock Exchange. It administers approximately 900,000 policies and operates as Countrywide Assured in the UK, as The Waard Group and Scildon in the Netherlands, and as Movestic in Sweden.

Following a three-pillar strategy, Chesnara’s primary responsibility is the efficient administration of its customers’ life and savings policies, ensuring good customer outcomes, and providing a secure and compliant environment to protect policyholder interests. It also adds value by writing profitable new business in Sweden and the Netherlands and by undertaking value-adding acquisitions of either companies or portfolios.

Consistent delivery of the Company strategy has enabled Chesnara to increase its dividend for 17 years in succession.

For more information: https://www.chesnara.co.uk/

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