Non-executive director also steps down as chairman of nomination committee
Non-executive director Keith James has retired from the board of Admiral after deciding not to put himself up for re-election at the annual general meeting held yesterday.
James will also step down as chairman of the nomination committee and as a member of the audit committee, according to a company filing to the London Stock Exchange.
Admiral group chairman Alastair Lyons said: “Keith joined our Board in December 2002 and has been an integral part of our journey during a nine-year period over which the number of vehicles we insure has increased from 0.7 to 3.4 million, and our profits from £55m to £299m. He has contributed greatly to our effectiveness as a doard and I would like to thank him for his significant personal commitment to the Company and to wish him the very best for the future.”
Lyons has moved from being a member to chair of the nomination committee. Non-executive director, Colin Holmes, has stepped down as a member of the remuneration committee and has joined the nomination committee as a member. Non-executive director Roger Abravanel has joined the remuneration committee as a member.
Hosted by comedian and actor Tom Allen, 34 Gold, 23 Silver and 22 Bronze awards were handed out across an amazing 34 categories recognising brilliance and innovation right across the breadth of UK general insurance.
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