Catlin Election Of Non-Executive Directors
Catlin Group Limited, the international specialty property/casualty insurer and reinsurer, announces that Claus-Michael Dill and Beatrice Hollond will stand for election as Non-Executive Directors at the Company’s Annual General Meeting, to be held on 13 May 2014.
Catlin also announces that Bruce Carnegie-Brown, who has served as Senior Independent NonExecutive Director since August 2010, will retire from the Board of Directors at the conclusion of the Annual General Meeting.
Claus-Michael Dill was formerly Chief Executive Officer of AXA Konzern AG in Cologne, responsible for operations in Germany and Central Europe. Dr Dill was also a member of the AXA Group Executive Committee. Prior to joining AXA, he was a member of the Group Management Board of Gerling Konzern AG in Cologne, responsible for asset management/financials and strategic restructuring. He previously held management positions at Swiss Re and was a management consultant with McKinsey & Co. He also served as Chief Executive Officer of Damp Holding AG. He currently is Chairman of the Supervisory Board of Cologne Re and a member of the Supervisory Board of MLP AG and HUK Coburg AG.
Beatrice Hollond is Chairman of Keystone Investment Trust Plc and serves as a director of several other investment companies. Ms Hollond has had a long career in the investment industry, working initially at Morgan Grenfell Asset Management as a UK equity analyst and at Credit Suisse Asset Management where she became Managing Director for Global Fixed Income business. She is Chairman of the Pearson family investment office and the Institute for Philanthropy and is a Trustee of the Esmee Fairbairn Foundation.
John Barton, Chairman of Catlin Group Limited, said, “I am pleased to announce that Catlin proposes that Claus-Michael Dill and Beatrice Hollond be elected as Non-Executive Directors at the Annual General Meeting in May. ClausMichael has a strong background in the continental European insurance industry and Beatrice has had a distinguished career in investment management, both of which are very relevant to our business and will benefit the Group.
“I am sorry to announce that Bruce Carnegie-Brown will retire from the Catlin Board at the conclusion of the AGM. Bruce has made great contributions to Catlin during nearly four years on the Board, both as Senior Independent Director and as Chairman of the Compensation Committee. I wish Bruce well in his future endeavours.”
