Catalina Holdings has announced the appointment of Bruce Hemphill as non-executive chairman of its Board, while Caroline Foulger joins as senior independent non-executive director.
Hemphill was previously appointed as a non-executive director to Catalina’s Board in 2019 and brings significant financial services expertise and experience.
He is the former Chief Executive Officer of Old Mutual and his previous board experience includes time as chairman of Old Mutual Wealth, Old Mutual Emerging Markets and a non-executive director at Nedbank.
Foulger has been an independent non-executive director of Catalina since 2014 and chairs the company’s Audit Committee.
She was previously a partner at PwC Bermuda for 12 years, specialising in serving the insurance and reinsurance industry with audit and advisory services.
Chris Fagan, Chief Executive of Catalina said, “Bruce’s appointment as Non-Executive Chairman is an important step in Catalina’s governance splitting the combined Chairman and Chief Executive role for the first time.
“Bruce has made a valuable contribution since being appointed as a Non-Executive Director last year, and his leadership of the board will strengthen our governance.
“Caroline’s expertise in the insurance and reinsurance industry and experience serving on other boards will be valuable in helping the business achieve its plans.
“I look forward to working with Bruce and Caroline as Catalina continues its next phase of strategic development.”
Commenting on his appointment, Hemphill said, “I’m delighted to be appointed as Non-Executive Chairman of Catalina. This is a great business which has made tremendous progress in recent years and firmly established itself as one of the leading players in the insurance legacy space.
“I look forward to working with Chris, Caroline, the other board members and Catalina’s management, as it continues to capitalise on the significant opportunities present in the fast-evolving legacy space.”
Foulger added, “I am pleased to be appointed to Senior Independent Non-Executive Director following several years of serving on the Board. It is an exciting time for Catalina, and I look forward to supporting the business to build upon its success to date.”
