Trade body lines up Haddrill successor

The Association of British Insurers (ABI) has confirmed it is actively seeking a replacement for its departing director general Stephen Haddrill.

An ABI spokesman said: “A process will now be in place for identifying and recruiting a successor.” He did not rule out the possibility of Haddrill’s replacement coming from within the ABI. “That is something that will be decided in due course,” he said.

Haddrill, whose exit was announced last week, will quit the ABI in November to join the Financial Reporting Council as chief executive and will join the board. He is replacing the FRC’s boss Paul Boyle.

Haddrill joined the ABI as director general in May 2005 from the DTI where he was director general, Fair Markets Group.