Culmer to stay on until official leaving date decided
RSA chief financial officer and director George Culmer has resigned to join Lloyds Banking Group as group finance director.
Culmer was a candidate for the chief executive position at RSA when Andy Haste announced he was stepping down earlier this year, but lost out to Simon Lee.
The current Lloyds group finance director is Tim Tookey, who will leave early next year to join Friends Life.
Culmer has been at RSA since 2004. His leaving date has not been decided yet.
Lee said: “I would like to thank George for his significant contribution to RSA over the last eight years and for his continuing involvement to ensure a smooth transition to his successor.”
Culmer said: “I have thoroughly enjoyed being part of the senior leadership team at RSA as we have rebuilt the company’s strength and vitality and it’s now in a very strong position. However, the role at Lloyds was one that I could not turn down and I wish Simon and my RSA colleagues continued success.”
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