ABI extends chairman’s tenure until 2010 to fight recession

The Association of British Insurers (ABI) has current chairman, Archie Kane’s term of office until spring 2010 to continue the ABI’s response to the financial crisis and recession.

Kane said: “I am pleased to have been asked by the Board to stay on as ABI chairman and I have accepted their invitation. Circumstances remain challenging for all financial services sectors, and while the insurance industry is in a good position to weather the continuing storm, it is not immune from difficulties. The ABI has a vital role to play in guiding it through these tough times and, with its continuing focus on the consumer, seeing it through to future success.”

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