Conduit Holdings Limited, the parent company of Conduit Re, a Bermuda-based reinsurance business, has announced the appointment of Rebecca Shelley as the Senior Independent Director (SID). Rebecca, who joined the CHL Board in July 2023, will take over from Sir Brian Williamson. Brian will continue as a non-executive director and Chair of the Remuneration Committee until the AGM on 15 May 2024. Rebecca's extensive experience as a non-executive director in various organizations, including serving on remuneration, nomination, audit, and risk committees, makes her a valuable addition to the CHL Board.
Neil Eckert, Chairman of CHL, expressed gratitude for Brian's contributions and looks forward to working with Rebecca in her new role. Rebecca's appointment reflects CHL's commitment to strengthening its leadership team and governance structure. The company's media contacts and investor relations details were also provided in the announcement.
Conduit Re, a subsidiary of CHL, is a Bermuda-based reinsurance business with a global reach. It is licensed by the Bermuda Monetary Authority as a Class 4 insurer and has received strong ratings from A.M. Best. Conduit Holdings Limited is listed on the London Stock Exchange. The company's website was also shared for further information.
This announcement highlights CHL's focus on governance and leadership continuity, ensuring a smooth transition in key board positions. Rebecca Shelley's appointment brings a wealth of experience to the role of Senior Independent Director, further strengthening the company's governance framework.