Reinsurance News

Resolution Life adds Rob Devey as Independent Non-Exec Director

10th May 2019 - Author: Charlie Wood

Resolution Life Group, a long-term manager of legacy life insurance portfolios, has announced the appointment of Rob Devey as an Independent Non-Executive Director.

Resolution LifeDevey was previously an Executive Director of Prudential and Chief Executive Officer of Prudential UK and Europe, and CEO of Towry.

He currently serves as Chairman of Modulr Finance and Avado Learning and is a Non-Executive Director of the Octopus Group and Urban Jungle Insurance.

Devey previously held senior positions at Lloyds Banking Group and The Boston Consulting Group.

“Rob brings extensive life insurance knowledge and operating experience and a great track record in public and private companies,” said Sir Clive Cowdery, Chairman at Resolution Life.

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“Resolution Life’s decision to form a global reinsurance and insurance company was driven by a desire to release capital for our insurance partners and deliver long term benefits to policyholders.”

“With the benefit of Rob’s knowledge around our Board table we are even better placed to achieve this objective.”

Commenting on his appointment, Devey said, “Resolution Life has an outstanding leadership team and impressive Board and I am delighted to join the Company at this stage of its growth.”

“The company has already announced some significant transactions and I am excited to play my role in helping to serve the needs of the in-force customer better and driving innovation within the sector.”

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