TIDM51II
RNS Number : 9601N
LV=
07 June 2022
For immediate release - 7 June 2022
LV= ANNOUNCES APPOINTMENT OF NEW CHAIR
Insurance, investment and retirement specialist Liverpool
Victoria Financial Services Limited (LV=) has today announced the
appointment of Simon Moore as its new chair.
Simon Moore will join the board as LV= chair, subject to
regulatory and other third-party approvals. He will succeed interim
chair Seamus Creedon, who will continue in his role as a
non-executive director on the LV= board.
Simon brings extensive experience of the UK life insurance
sector and asset management to LV= after a 30-year career spanning
a wide range of financial institutions. They include Lloyds Banking
Group, Chase Manhattan Bank, ABN AMRO, Barclays Bank and the
Confederation of British Industry (CBI).
At Chase Manhattan Bank he was a member of the global insurance
team in London and New York working across life, general insurance
and reinsurance. At ABN AMRO he focused on insurance and asset
management clients.
Simon is currently chair at PCF Group, RCI Bank UK and Cambridge
& Counties Bank.
Seamus Creedon, LV= interim chair, said :
"I am delighted that Simon has agreed to join the board at LV=.
As well as his extensive commercial and technical knowledge of the
life insurance sector and financial services, he has a strong track
record helping businesses to grow and prosper for all stakeholders,
including as chair of the specialist Cambridge & Counties Bank,
and is the right candidate to lead LV= into the future.
"It has been a privilege to serve as interim chair since
February and I very much look forward to working with Simon to
ensure a smooth handover."
Simon Moore, LV= chair, said:
"I am honoured to be taking the chair of such a distinguished
British business and at such an important time in LV='s 179-year
history. I was attracted to the strength of the LV= brand and
mutual ethos, and my focus will be on building a strong and
thriving business for the benefit of our members, advisers and
employees.
"As chair, I am determined that LV= will put its members at the
heart of everything we do, as we drive the business forward.
"LV= is a fantastic business which I am extremely proud to lead.
I look forward to working with my board colleagues, and the wider
LV= executive team, to forge a bright future for LV= as part of a
vibrant mutual sector."
About Simon Moore's career
Simon Moore began his financial services career as a graduate
trainee at Lloyds Banking Group. He joined Chase Manhattan Bank in
1994 as a member of the global insurance team in London and New
York working across life, general insurance and reinsurance.
He joined Barclays Bank in 2003 where he worked in various
leadership roles and in 2009 he became chair of Barclays Corporate
in the South West of England and Wales. In 2011, he joined the
Confederation of British Industry (CBI) where he held a broad
international remit before he took over the London team, which
included the financial services team.
Simon left the CBI in 2016 and has since embarked on his chair
and board career. He was previously chair of Pennant Group PLC and
stepped down last year from this role having built the corporate
governance model and overseen the transformation and turnaround of
the business.
He joined PCF Bank as chair in 2022, is also the chair of RCI
Bank UK and will be completing his term as chair of Cambridge and
Counties Bank in 2022.
Simon is a qualified cricket umpire and holds a series of
trustee volunteer roles at the Recruitment and Employment
Confederation, the University of the West of England and previously
in the Government Office of the South West.
- Ends -
Notes to Editors
For more information please contact:
David Gwyer, david.gwyer@lv.com , 07798 796907
About LV=:
LV= is a leading retirement and protection specialist. When we
started in 1843 our goal was to give financial security to more
than just a privileged few and for many decades we were most
commonly associated with providing a method of saving to people of
modest means. Today we follow a similar purpose, helping people to
protect and provide for the things they love, although on a much
larger scale and through a wide range of financial services
including insurance, investment and retirement products.
LV= and Liverpool Victoria are registered trademarks of
Liverpool Victoria Financial Services Limited (LVFS) and trading
styles of the LV= Group of Companies. Liverpool Victoria Financial
Services Limited, registered in England with registration number
12383237 is authorised by the Prudential Regulation Authority and
regulated by the Financial Conduct Authority and the Prudential
Regulation Authority, register number 110035. Registered address:
County Gates, Bournemouth, BH1 2NF.
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END
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