Liverpool Victoria (LV=) has appointed Simon Moore as its new chair.
He succeeds interim chair Seamus Creedon, who will continue as a non-executive director on the mutual insurer’s board. The previous permanent chair Alan Cook stepped down earlier this year following the insurer’s botched sale to US private equity firm Bain Capital. A proposed merger with Royal London also failed to proceed.
Moore has worked in the insurance and financial services industry for 30 years having held senior roles at Lloyds Banking Group, Chase Manhattan Bank, ABN Amro, Barclays Bank and the CBI.
At Chase Manhattan Bank he was a member of the global insurance team in London and New York working across life, general insurance and reinsurance. At ABN AMRO he focused on insurance and asset management clients.
Moore is currently chair at PCF Group, RCI Bank UK and Cambridge & Counties Bank.
Creedon says: “I am delighted that Simon has agreed to join the board at LV=. As well as his extensive commercial and technical knowledge of the life insurance sector and financial services, he has a strong track record helping businesses to grow and prosper for all stakeholders.”
Moore adds: “I was attracted to the strength of the LV= brand and mutual ethos, and my focus will be on building a strong and thriving business for the benefit of our members, advisers and employees.”
