RSA promotes William McDonnell to group chief risk officer

RSA has appointed William McDonnell as group chief risk officer following David Weymouth’s decision to retire in May 2015.

McDonnell will take up his new role in December and will be responsible for delivering the global risk framework and strategy for RSA. He will join the group executive team, reporting directly to group chief executive Stephen Hester.

He has worked at RSA for eight years, most recently as group risk director.

Following the appointment, Hester said: “I’m pleased to appoint William McDonnell to the group executive team. His extensive risk management experience will ensure we continue to enhance the operational effectiveness of the group’s risk oversight and control assurance processes. I would like to take the opportunity to thank David for the significant contribution he has made to the group over the last seven years and wish him every success in the future.”