Julian Adams Appointed Deputy Chair of the Association of British Insurers

LONDON, England, Oct. 3 -- The Association of British Insurers issued the following news:

Julian Adams, Director, Public Policy and Regulation at M&G plc, holding company of the Prudential Assurance Company, has been appointed Deputy Chair of the Association of British Insurers (ABI). He will serve alongside Chair Jon Dye until summer 2020. Julian has been an ABI Board member since 2016.

Julian Adams said:

"I am pleased to be taking on this role at such an important time for our industry. At time of unprecedented uncertainty, never has our world leading long-term savings and insurance industry been more crucial in supporting our millions of customers through often difficult events. And never has it been more important for the industry to speak clearly and with authority with one voice through the ABI. I look forward to playing my part in this."

ABI Director General Huw Evans, said:

"Julian's wealthy of experience, both from within and outside of the industry, will be invaluable in representing the long-term savings and insurance market as it navigates and rises to the challenges and opportunities of our fast-changing world."

Biography

Julian became Director of Public Policy & Regulation of M&G plc earlier this year after 4 and a half years in a similar role at Prudential plc.

Prior to this he was Executive Director of Insurance Supervision at the Bank of England, a role he held from April 2013.

He had also served in a similar role at the Financial Services Authority. He chaired the Financial Stability Committee of the International Association of Insurance Supervisors and also sat on its Executive Committee. He was the UK's Board member of the European Insurance and Occupational Pensions Authority, sat on its Management Board and was a member of the Mediation Panel.

Other ABI Board appointments

In other Board announcements:

Tim Harris has been reappointed Chair of the Board's Prudential Committee in his new role as Chief Financial Officer, Direct Line Group.

Tulsi Naidu will join Jon Dye, Julian Adams and Bronek Masojada as a member of the Board's Appointments & Remuneration Committee.

Barry O'Dwyer has accepted the invitation to return to the Board in his new role as Group CEO, Royal London.