UK insurer Admiral Group has announced the appointment of Keith Davies as Group Chief Risk and Compliance Officer with effect from September 2022.
He will be responsible for developing and overseeing Admiral’s Risk and Compliance functions and frameworks, reporting to Milena Mondini de Focatiis, Admiral’s Group CEO.
Davies has extensive experience in risk management and compliance and joins from Federated Hermes Limited where he was Chief Risk & Compliance Officer.
Before joining Federated Hermes in 2020, he was the Chief Risk and Resilience Officer for M&G Plc, where he was a member of the Executive Committee that prepared M&G for its de-merger from Prudential.
Davies held a number of other senior roles within the Prudential Group, including the Group-wide Head of Internal Audit, Chief Risk & Compliance Officer for M&G Prudential and Prudential UK Insurance Business, and Chief Risk Officer for the Group’s Treasury and Portfolio Management businesses.
Prior to joining Prudential, he worked in risk management and audit at Standard Chartered, Standard Bank and Deutsche Bank.
“I am thrilled that Keith will be joining us later this year as he has a wealth of risk management experience and a strong track record for building global risk oversight models,” said Milena Mondini de Focatiis.
“Keith not only understands our strategy, but shares our ambition and values. I believe that he will be an excellent addition to the management team and look forward to working together.”
