Heap replaces Jane Barker

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Jeremy Heap has been appointed as chief executive of Equitas with immediate effect, replacing former chief Jane Barker who will stay on as a non-executive director.

Heap joins from a subsidiary of Berkshire Hathaway, which he joined in 2007, having previously worked for Equitas from its formation in various financial roles, latterly as the director responsible for the recovery of reinsurance assets.

Equitas chairman David Shipley said: “We are delighted to welcome Jeremy back to Equitas; we are most fortunate to be able to appoint a new chief executive with such detailed knowledge of the group, ensuring continuity of leadership.

“We are immensely grateful to Jane Barker for her 19 years of service to Equitas both as finance director and as chief executive since 2007 and we are delighted that she will be staying on as a non-executive director after her retirement as chief executive.”