ABI appoints Otto Thoresen director general
by Gill Montia
Story link: ABI appoints Otto Thoresen director general
The Association of British Insurers (ABI) has appointed Otto Thoresen as its new director general.
Mr Thoresen, who is currently chief executive of AEGON UK and a member the group’s board, will take up the London-based role on 4th April when he replaces Maggie Craig, who has held the post of acting director general over the last eight months.
Commenting on the appointment ABI chairman, Tim Breedon, says: “Otto is a leading industry executive who will bring strong leadership and proven industry expertise to the ABI’s work.”
He adds: “He will have huge credibility representing the industry with the first hand-knowledge that comes from running a business in the current challenging regulatory and business climate.”
Mr Thoresen says he is “incredibly excited” about taking on the job and representing all parts of the insurance industry at this critical time.
The ABI is also seeking a new director of investment affairs, Jonathan Davis having decided not to follow through with his acceptance of the role, made last year.