Chesnara PLC has announced the appointment of Tom Howard as the Group Chief Financial Officer (Group CFO) and an Executive Director of the company. This follows the decision of David Rimmington to step down as Group Finance Director and Director of Chesnara at the conclusion of the 2024 Annual General Meeting. Tom Howard's regulatory approval has been secured, and he will assume the role of Group CFO upon election at the 14th May AGM. The 2023 Directors' Remuneration Report, to be published on Wednesday 17th April 2024, will provide details on Tom's remuneration.
Chesnara is a European life and pensions consolidator listed on the London Stock Exchange, administering approximately one million policies. The company operates as Countrywide Assured in the UK, as The Waard Group and Scildon in the Netherlands, and as Movestic in Sweden. Chesnara's strategy focuses on efficiently administering customers' life and savings policies, ensuring good customer outcomes, providing a secure and compliant environment to protect policyholder interests, writing profitable new business in Sweden, the Netherlands, and the UK, and undertaking value-adding acquisitions of companies or portfolios.
The company has consistently delivered its strategy, enabling Chesnara to increase its dividend for 19 years in succession. For further information, investor inquiries can be directed to Sam Perowne, Head of Strategic Development & Investor Relations at Chesnara plc, while media inquiries can be directed to Roddy Watt, Director, Capital Markets at FWD.