REG - FBD Holdings PLC - Directorate Change

FBD HoldingsAnnouncement

28/04/2023 14:00

For best results when printing this announcement, please click on link below:
http://newsfile.refinitiv.com/getnewsfile/v1/story?guid=urn:newsml:reuters.com:20230428:nRSb9168Xa&default-theme=true

RNS Number : 9168X  FBD Holdings PLC  28 April 2023

 

FBD Holdings plc and FBD Insurance plc ("FBD" or the "Group")

 

Directorate Change

 

Appointment of Chief Financial Officer and Executive Director

28 April 2023

 

Further to the announcement on 9 December 2022, FBD announces that John
O'Grady will retire from the role of Chief Financial Officer and Executive
Director on 31 December 2023.

 

The selection process to identify a permanent successor to John O'Grady has
concluded. The Group is pleased to announce, Kate Tobin will take up the role
as Chief Financial Officer and Executive Director, of FBD Holdings plc and FBD
Insurance plc, with effect from 1 January 2024.

 

Kate is currently Chief Underwriting Officer and a member of the FBD Executive
Management Team. Kate has an impressive track record in the insurance sector,
prior to joining FBD, in 2017, Kate held a number of senior management roles
with Zurich Insurance Group, both locally and at Group level, including Chief
Underwriting Officer for Zurich's general insurance business.  Kate is a
Fellow of the Society of Actuaries in Ireland.

 

Commenting on today's announcement, Tomás Ó Midheach, CEO of FBD said:

 

"I would like to sincerely thank John for his significant and distinguished
career at FBD. He has played a fundamental part in our journey and I wish him
and his family the very best on his retirement"

 

"in addition, I am delighted to announce the appointment of Kate Tobin to the
Board and as Chief Financial Officer and Executive Director.  She brings with
her a level of experience and perspective that will be of significant benefit
to FBD in the years ahead.  I look forward to her contribution over the
coming period and I wish her every success in the role."

 

The Chairman of FBD, Liam Herlihy, said:

 

"I have worked closely with John over the past seven years in his role as
Chief Financial Officer and Executive Director.  During that time, John has
been a key member of the Board and Executive Management Team that saw FBD
navigate through the challenges of Covid-19 and the return of the Group to
sustainable profitability and resumption of dividend payments to our
shareholders. I wish him the very best for his retirement".

 

"Kate Tobin is a high calibre new appointment to the Board.  She has played a
valuable role as Chief Underwriting Officer of FBD and I very much look
forward to what she will undoubtedly bring in this new and challenging
role."

 

The announcement is made in accordance with Rule 6.1.64 of Euronext Dublin's
Listing Rules and Rule 9.6.11 of the London Stock Exchange's Listing Rules

 

Ends

 

Enquiries

 

Drury Communications

 

Paddy Hughes             +353 87 616 7811

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         Financial Conduct Authority
 Listing Category  Premium                 Premium (Equity)
 Trading Venue     Euronext Dublin         London Stock Exchange
 Market            Main Securities Market  Main Market
 ISIN              IE0003290289            IE0003290289
 Ticker            FBD.I or EG7.IR         FBH.L

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  BOAFLFLFSIITFIV