Prescott joins Giles as non-exec chairman

Giles has announced that George Prescott has joined the board of the group as non-executive chairman.

Prescott is a chartered accountant and was deputy chief executive of Ecclesiastical Insurance Group from 1997 until his retirement.

He is also an independent member of a board of JP Morgan Cazenove Pension Trustee Ltd, and a member of the board and executive committee of Mapfre-Re. He is also master of the Worshipful Company of Coopers.

His past experience includes as a non-executive board member of two quoted investment companies, namely St Andrew Trust Plc and Martin Curry Income and Growth Trust Plc, in addition to being chairman of the Audit Committee. He was also a member of the Association of British Insurers Investment Committee.

Giles chief executive Chris Giles said: "We are delighted to welcome George to the board of Giles. George’s extensive board level experience across the insurance, banking and finance sectors will prove invaluable to Giles as we continue to build and strengthen our business both organically and through acquisitions.”

Prescott added “I am delighted to be joining Giles at such an interesting period in its development. I very much look forward to working with Chris and the team as we continue to build and develop the Giles business across the UK.”