– UK, London – Lancashire Holdings Limited (LON: LRE), today announced the appointment of Philip Broadley to its Board as a Non-Executive Director and Chair-designate effective from 8 November 2023, to succeed Peter Clarke as Board Chair at the 2024 AGM on 1 May 2024, subject to shareholder approval.
“We are delighted to announce Philip’s appointment as a Non-Executive Director, and to welcome him to the Lancashire Group. Philip’s extensive financial services and insurance experience will add great value to our Board, and I look forward to working with him in his role as Chair in due course.” said CEO, Alex Maloney.
About Philip Broadley
Philip Broadley is Senior Independent Director and Audit Committee Chair at AstraZeneca PLC and a Non-Executive Director of Legal & General Group Plc and is expected to continue in those roles. Mr. Broadley began his career at Arthur Andersen in 1983, becoming a partner in 1993, where he specialized in auditing banks and insurance companies. Mr. Broadley was Group Finance Director at both Prudential plc from 2000 and Old Mutual plc from 2008 until 2014. He has served as Chair of the 100 Group of Finance Directors and as a member of the Code Committee of The Takeover Panel. He chaired the Group Audit Committee of Legal & General for six years. He is Treasurer of the London Library and Chair of the Board of Governors at Eastbourne College.
Philip Broadley said: “Lancashire is in a period of robust growth in a strong market environment. I join a business which is in very good hands. I am extremely pleased to accept my appointment to the Board. I look forward to working with Alex and all my colleagues at Lancashire and to leading the LHL Board as Chair following the 2024 AGM.”
About Lancashire
Lancashire, through its UK and Bermuda-based operating subsidiaries, is a provider of global specialty insurance and reinsurance products.
Lancashire’s common shares trade on the premium segment of the Main Market of the London Stock Exchange under the ticker symbol LRE. Lancashire has its head office and registered office at Power House, 7 Par-la-Ville Road, Hamilton HM 11, Bermuda.
SOURCE: https://www.lancashiregroup.com/
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