Canada Life has appointed Andy Watson to be its new chairman. Watson will take over from Derek Netherton, who will stand down as chairman later this year after 10 years in this role.
Watson is currently a non-executive director at Canada Life, having joined the board 18 months ago.
Canada Life CEO Lindsey Rix says: “I would like to thank Derek for his direction as he steered the business through an ever-changing economic and regulatory landscape over the past decade.
“I am delighted to welcome Andy Watson as incoming chairman. He brings a wealth of experience with a strong customer focus and wide market experience, and I look forward to working with the board and UK executive to deliver our strategic priorities and purpose.”