FBD Holdings PLC Directorate Change (9168X)
April 28 2023 - 8:00AM
UK Regulatory
TIDMFBH
RNS Number : 9168X
FBD Holdings PLC
28 April 2023
FBD Holdings plc and FBD Insurance plc ("FBD" or the
"Group")
Directorate Change
Appointment of Chief Financial Officer and Executive
Director
28 April 2023
Further to the announcement on 9 December 2022, FBD announces
that John O'Grady will retire from the role of Chief Financial
Officer and Executive Director on 31 December 2023.
The selection process to identify a permanent successor to John
O'Grady has concluded. The Group is pleased to announce, Kate Tobin
will take up the role as Chief Financial Officer and Executive
Director, of FBD Holdings plc and FBD Insurance plc, with effect
from 1 January 2024.
Kate is currently Chief Underwriting Officer and a member of the
FBD Executive Management Team. Kate has an impressive track record
in the insurance sector, prior to joining FBD, in 2017, Kate held a
number of senior management roles with Zurich Insurance Group, both
locally and at Group level, including Chief Underwriting Officer
for Zurich's general insurance business. Kate is a Fellow of the
Society of Actuaries in Ireland.
Commenting on today's announcement, Tomás Ó Midheach, CEO of FBD
said:
"I would like to sincerely thank John for his significant and
distinguished career at FBD. He has played a fundamental part in
our journey and I wish him and his family the very best on his
retirement"
"in addition, I am delighted to announce the appointment of Kate
Tobin to the Board and as Chief Financial Officer and Executive
Director. She brings with her a level of experience and perspective
that will be of significant benefit to FBD in the years ahead. I
look forward to her contribution over the coming period and I wish
her every success in the role."
The Chairman of FBD, Liam Herlihy, said:
"I have worked closely with John over the past seven years in
his role as Chief Financial Officer and Executive Director. During
that time, John has been a key member of the Board and Executive
Management Team that saw FBD navigate through the challenges of
Covid-19 and the return of the Group to sustainable profitability
and resumption of dividend payments to our shareholders. I wish him
the very best for his retirement".
"Kate Tobin is a high calibre new appointment to the Board. She
has played a valuable role as Chief Underwriting Officer of FBD and
I very much look forward to what she will undoubtedly bring in this
new and challenging role."
The announcement is made in accordance with Rule 6.1.64 of
Euronext Dublin's Listing Rules and Rule 9.6.11 of the London Stock
Exchange's Listing Rules
Ends
Enquiries
Drury Communications
Paddy Hughes +353 87 616 7811
About FBD Holdings plc
FBD is one of Ireland's largest property and casualty insurers,
looking after the insurance needs of farmers, consumers and
business owners. Established in the 1960s by farmers for farmers,
FBD has built on those roots in agriculture to become a leading
general insurer serving the needs of its direct agricultural, small
business and consumer customers throughout Ireland. It has a
network of 34 branches nationwide.
The following details relate to FBD's ordinary shares of EUR0.60
each which are publicly traded:
Listing Euronext Dublin Financial Conduct Authority
Listing Category Premium Premium (Equity)
Trading Venue Euronext Dublin London Stock Exchange
Market Main Securities Market Main Market
ISIN IE0003290289 IE0003290289
Ticker FBD.I or EG7.IR FBH.L
FBD Holdings plc, FBD House, Bluebell, Dublin 12
Registered in Dublin, Ireland Registered Number 135882
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END
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