Reinsurance News

Resolution Life adds Morris, Lomax as Non-Exec Directors

31st October 2019 - Author: Staff Writer

Resolution Life Group, a long-term manager of legacy life insurance portfolios, has announced the appointment of Maria Morris and Rachel Lomax to its board as Non-Executive Directors.

Morris most recently served as Executive Vice President of MetLife Inc., where she worked for 33 years.

She also has strong Board experience, sitting as an independent director for both S&P Global and Wells Fargo & Company.

“I am delighted to join the Board of Resolution Life,” commented Morris. “The management team has a proven track record of acquiring and managing Life businesses in the US and globally.

“Having spent my career in the Life Insurance industry, I understand the integral role Resolution Life plays and am excited about the future.”

Lomax is an economist and former Deputy Governor of the Bank of England. She is currently Deputy Chair of the British Council and holds Non-Executive positions on the Boards of Serco Group and Heathrow Airport Holdings.

Her board experience includes directorships at HSBC, Holdings pls, Reinsurance Group of America, Scottish American Investment and the Arcus European Infrastructure Fund.

“Resolution Life is a leading force within a global life insurance world that continues to grow and mature,” said Lomax.

“I am delighted to be working with Clive and his team, and I am looking forward to driving the business towards further success both in the UK and abroad.”

Sir Clive Cowdery, Executive Chairman at Resolution Life, commented, “I am pleased to be able to welcome Rachel and Maria to the Board of Resolution Life, with their decades of experience both from within business and at Board Level.

“These appointments will enhance our ability to serve the life insurance industry, grow our business and deliver policyholder benefits in a secure, well-capitalised environment.”

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