Conduit Holdings Limited Appointment of independent non-executive director (4640N)
30 Septiembre 2021 - 1:00AM
UK Regulatory
TIDMCRE
RNS Number : 4640N
Conduit Holdings Limited
30 September 2021
APPOINTMENT OF INDEPENDENT NON-EXECUTIVE DIRECTOR
Conduit Holdings Limited
Hamilton, Bermuda (30 September 2021)
Conduit Holdings Limited ("CHL" or the "Group") today announces
the appointment of Michelle Seymour Smith as a non-executive
director with immediate effect.
Michelle is based in Bermuda where she has enjoyed a highly
successful career in the insurance industry spanning more than 20
years since qualifying as a chartered accountant with Arthur
Anderson.
She most recently served as the Chief Transformation Officer of
Arch Capital Group Ltd. until 2019 where she spearheaded a global
initiative to establish a group-wide culture of continuous
improvement to grow business and improve operational efficiency.
Immediately prior to that, she was the Chief Financial Officer and
Chief Operating Officer of Arch Reinsurance Ltd., building and
overseeing the financial operations of the insurance, reinsurance
and mortgage divisions as well as those of Arch's international
subsidiary reinsurance divisions. Before joining Arch in 2004,
Michelle held positions at XL Capital Ltd. and Zurich Insurance
Global Energy.
Michelle will also serve on CHL's Audit Committee.
Neil Eckert, Group Executive Chairman, commented:
"We are delighted to welcome Michelle to the Board of Conduit.
We are lucky to be able to draw on her wealth of expertise and
experience, not just on the financial side of our business where
she has had an illustrious career, but also in the cultural aspects
of building a business, where she has left a trail of success in
her wake. I very much look forward to working with her."
Trevor Carvey, Group Chief Executive Officer, commented:
"Michelle has an exceptional reputation in our industry. She is
an accomplished and respected business leader and shares all of the
values that form the foundations of the business we are building at
Conduit."
There is no further information required to be disclosed with
respect to Ms Seymour Smith's appointment pursuant to paragraph
9.6.13R of the Listing Rules.
About Conduit Re
Conduit Re is a pure play global reinsurance business based in
Bermuda. The Group's main operating subsidiary Conduit Reinsurance
Limited, is licensed by the Bermuda Monetary Authority as a Class 4
reinsurer. A.M. Best has assigned a Financial Strength Rating of A-
(Excellent) and a Long-Term Issuer Credit Rating of "a-" to Conduit
Reinsurance Limited. The outlook assigned to these Credit Ratings
(ratings) is stable.
Learn more about Conduit Re:
Website: https://conduitreinsurance.com/
LinkedIn: https://www.linkedin.com/company/conduit-re
Twitter: https://twitter.com/Conduit_Re
Media contacts:
Haggie Partners - David Haggie, Caroline Klein
+44 (0) 207 562 4444
conduitre@haggie.co.uk
Investor relations and other enquiries:
info@conduitreinsurance.com
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END
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