Pembroke, Bermuda - 21 February
2024
Pembroke,
Bermuda - 21 February 2024
Conduit Holdings Limited
("CHL" LSE ticker: CRE)
Appointment of Senior Independent
Director ("SID")
CHL, the ultimate parent company of Conduit Re, a
pure-play Bermuda-based reinsurance business, is pleased to
announce the appointment of Rebecca Shelley as Senior Independent
Director with immediate effect.
Rebecca was appointed to the CHL Board in July 2023.
She serves on CHL's Nomination and Remuneration Committees, and on
Conduit's ESG Committee.
Rebecca succeeds Sir Brian Williamson as SID.
Although Brian has stepped down from the SID role on the same date,
he will continue to serve on CHL's Board as a non-executive
director and Chair of the Remuneration Committee until CHL's AGM on
15 May 2024, when he will leave the Board.
Rebecca is currently a non-executive director of
Sabre Insurance, Liontrust Asset Management and Hilton Food Group.
In her various non-executive director roles, she has served on
remuneration (including as chair), nomination, audit and risk
committees and as the senior independent director. She is also
chair of the sustainability committee at Hilton Food Group.
Neil Eckert, Chairman, commented: "Brian joined the
Board at Conduit's formation in 2020 and I am grateful to him for
his wise counsel in his role as SID since then and for his
contribution to Conduit's growth.
I look forward to working with Rebecca in her
capacity as SID."
Media contacts
H/Advisors Maitland - Vikki Kosmalska / Genevieve
Ryan
+44 (0) 207 379 5151
conduitre@h-advisors.global
Investor relations and other
enquiries:
info@conduitreinsurance.com
Panmure Gordon (Joint Corporate
Broker)
+44 (0) 207 886 2500
Berenberg (Joint Corporate
Broker)
+44 (0) 203 207 7800
Peel Hunt (Joint Corporate
Broker)
+44 (0) 207 418 8900
About Conduit Re
Conduit Re is a pure-play Bermuda-based reinsurance
business with global reach. Conduit Reinsurance Limited is licensed
by the Bermuda Monetary Authority as a Class 4 insurer. A.M. Best
has assigned a Financial Strength Rating of A- (Excellent) and a
Long-Term Issuer Credit Rating of a- (Excellent) to Conduit
Reinsurance Limited. The outlook assigned to these ratings is
stable.
Conduit Holdings Limited is the ultimate parent of
Conduit Reinsurance Limited and is listed on the London Stock
Exchange (ticker: CRE). References to "Conduit" include Conduit
Holdings Limited and all of its subsidiary companies.
Learn more about Conduit
Re:
Website: https://conduitreinsurance.com/
LinkedIn: https://www.linkedin.com/company/conduit-re