REG - FBD Holdings PLC - Directorate Change

Arthur J. Gallagher & Co.Announcement

19/11/2024 16:00

For best results when printing this announcement, please click on link below:
https://newsfile.refinitiv.com/getnewsfile/v1/story?guid=urn:newsml:reuters.com:20241119:nRSS8437Ma&default-theme=true

RNS Number : 8437M  FBD Holdings PLC  19 November 2024

FBD Holdings plc

FBD Insurance plc

 

19 November 2024

 

Appointment of Director and Chair of FBD Holdings plc

 

FBD Holdings plc ("FBD") is pleased to announce the appointment of Mr Jim
Bergin as an independent non-executive director with immediate effect. Mr
Bergin has also been appointed to the board of directors of FBD Insurance plc,
as an independent non-executive director.

 

As disclosed in the 2023 Annual Report, Mr Liam Herlihy, having completed nine
years on the board of directors of FBD (the "Board"), will retire as director
and chair of FBD at the conclusion of the 2025 Annual General Meeting (AGM) on
Thursday, 8 May 2025.

 

Following an extensive succession process undertaken by the Board's Nomination
and Governance Committee, led by the Senior Independent Director, Mr Bergin
was identified as the successful candidate for the position of Chair of the
Board. He will commence his role as Chair of the Board immediately following
the conclusion of the AGM. The appointment of Mr Bergin to the Board as an
independent non-executive director with immediate effect will ensure that
there is an effective and orderly transition process to May 2025.

 

As the former Chief Executive Officer and Director of Tirlán Co-Operative
Society Limited (until July 2024), Mr Bergin spent a considerable part of his
career in Glanbia plc in a number of senior management positions.  He was
former chair of the Irish Dairy Industry Association and is currently chair of
the Teagasc 'Better Farming for Water' stakeholder steering committee. He is
also an independent non-executive director of Enable Ireland and vice chair of
the governing body of Southeast Technological University.

 

Commenting on the appointment, FBD Chair, Mr Liam Herlihy, said:

 

"On behalf of the Board, I would like to congratulate Jim Bergin on his
appointment. Jim has a breadth of experience demonstrated through his highly
successful career in the agri sector over the past 40 years. He is well placed
to lead the board of FBD into the future and I look forward to working with
him through the coming months as he transitions into his new role."

 

This announcement is made in accordance with Rule 6.1.64 of the Euronext
Dublin Listing Rules. FBD confirms that there are no other matters requiring
disclosure under Rule 6.1.66 of the Euronext Dublin Listing Rules.

 

Ends

 

Enquiries

 

FBD Holdings
plc
Telephone

 

Nadine Conlon, Company
Secretary
00353 87 3844435

 About FBD Holdings plc

 FBD is one of Ireland's largest property and casualty insurers, looking after
 the insurance needs of farmers, consumers and business owners. Established in
 the 1960s by farmers for farmers, FBD has built on those roots in agriculture
 to become a leading general insurer serving the needs of its direct
 agricultural, small business and consumer customers throughout Ireland. It has
 a network of 34 branches nationwide.

 The following details relate to FBD's ordinary shares of €0.60 each which
 are publicly traded:

Listing           Euronext Dublin
 Listing Category  Premium
 Trading Venue     Euronext Dublin
 Market            Main Securities Market
 ISIN              IE0003290289
 Ticker            FBD.I or EG7.IR

FBD Holdings plc, FBD House, Bluebell, Dublin 12

Registered in Dublin, Ireland Registered Number 135882

 

FBD Holdings plc, FBD House, Bluebell, Dublin 12

Registered in Dublin, Ireland Registered Number 135882

 

 

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact
rns@lseg.com (mailto:rns@lseg.com)
 or visit
www.rns.com (http://www.rns.com/)
.

RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our
Privacy Policy (https://www.lseg.com/privacy-and-cookie-policy)
.   END  BOAFLFSSLDLALIS