RSA Insurance Group Plc
RSA:LN
Overview
Company Profile
RSA Insurance Group (formerly Royal & Sun Alliance) was formed by the merger of Royal Insurance and Sun Alliance in 1996. It ranks among the leading UK insurers focussing on general insurance and operating in 28 countries though it actively continues to reduce its presence in the US.
Classification
Financials
Corporate
Board of Directors
MARTIN SCICLUNA
Chairman
Martin has considerable knowledge and understanding of the financial services sector and Board experience.
Stephen Hester
Group Chief Executive
Stephen was previously Chief Executive Officer The Royal Bank of Scotland Group plc, 2008-13, where he led the largest ever corporate restructuring and recovery programme. Prior to that he held positions as Chief Executive, British Land plc from 2004 to 2008, Chief Operating Officer, Abbey National plc and a number of senior roles at Credit Suisse First Boston in London and New York. Stephen has over 30 years\' experience in financial services and FTSE100 companies with expertise in transforming the performance of businesses. External appointments: Trustee of The Royal Botanic Gardens, Kew Foundation and Member of the Board of the Association of British Insurers.
Scott Egan
Chief Financial Officer
Age 44. Scott joined as Group Chief Financial Officer on 1 October 2015. Before RSA, Scott was Interim Chief Executive Officer at Towergate Insurance having previously held the post of Chief Financial Officer. Scott also held the post of Chief Financial Officer at Brit Insurance, after four years at Zurich Financial Services, as Chief Financial Officer UK, and latterly as Group Financial Controller. He has also held various senior finance roles at Norwich Union Insurance and Aviva. Scott is a qualified accountant (ACMA) and has an MBA from Cranfield University.
Alastair Barbour
Independent Non-Executive Director
Alastair retired from KPMG in March 2011. In the last 20 years of his 36 year career with the firm, in the UK and overseas, he led their financial services team in Scotland with a primary focus on insurance and investment management. Alastair has extensive experience in advising on accounting and financial reporting, corporate governance and management issues in the financial sector and is a Fellow of the Institute of Chartered Accountants in England and Wales. External appointments: Non-Executive Director of Phoenix Group Holdings, Standard Life European Private Equity Trust plc, Liontrust Asset Management plc, CATCo Reinsurance Opportunities Fund Limited, The Bank of N.T. Butterield & Son Limited (a company listed in Bermuda).
KATH CATES
Independent Non-Executive Director
Age 52. Appointment date: September 2013 Nationality: British Kath has over 20 years\' experience in global financial services. She was previously Chief Operating Officer, Wholesale Banking for Standard Chartered Bank and spent 22 years at UBS. Kath has gained a deep knowledge of control, governance and risk management, working in emerging markets and across different sectors and cultures. External appointments: Non-Executive Director of Brewin Dolphin Holdings plc.
Joseph Streppel
Independent Non-Executive Director
Joseph has a comprehensive understanding of the insurance market globally, extensive financial services expertise and a good knowledge of international and emerging markets. Previous roles include Chief Financial Officer of Aegon until 2009. Chairman of the Monitoring Committee of the Dutch Corporate Governance Code and Advisor to the Tilburg Centre of Finance. External appointments: Chairman of KPN, Vice-Chairman of Van Lanschot, a Dutch private banking and asset management firm, Director of Arq Foundation, Chairman of Duisenberg School of Finance, Chairman of the Advisory Board of the Royal Dutch Society of Actuaries and Vice-Counsel (Raad) Enterprise Chamber of the High Court of Amsterdam.
Johanna Waterous
Senior Independent Non-Executive Director
Johanna’s previous roles include Chairman of Tate Enterprises and over 20 years with McKinsey & Company, positions including Co-leader of the Global Marketing and Sales Practice and Leader of their UK Consumer Practice and the European Retail Practice, and Director of Shoppers Drug Mart Corporation (a company listed on the Toronto Stock Exchange). Johanna brings deep expertise on consumer behaviour, sales and marketing across multiple sectors. External appointments: Non-Executive Director of WM Morrison Supermarkets plc, Non-Executive Director and Senior Independent Director of Rexam PLC, Director of RBG Kew Enterprises Limited and Chairman of Sandpiper CI.
Hugh Mitchell
Independent Non-Executive Director
Hugh is the Chief Human Resources and Corporate Officer of Royal Dutch Shell plc and a member of the Shell Executive Committee. Hugh has considerable experience in advising on HR and remuneration matters. External appointments: Director of Shell International Limited, Shell Foundation and Shell Aircraft Limited. Advisory roles held at The Centre for Advanced Human Resources at Cornell University Advisory Board, IMD Business School Advisory Board, Fellow of the National Academy of Human Resources (USA) and Independent Director of Edinburgh Business School.
Enrico Cucchiani
Independent Non-Executive Director
Enrico has over 35 years’ global executive and non- executive experience across financial services including banking and insurance and a number of blue chip brands. He spent over 15 years at Allianz in a variety of international roles, including Head of Global P&C and Head of most of Europe, Latin America and Africa. External appointments: Partner of Think Global Investments LLP