R&Q Insurance Holdings Ltd (LON:RQIH), the leading non-life global specialty insurance company focusing on Program Management and Legacy Insurance businesses, has announced the appointment of Robert Legget as Senior Independent Director. Robert will join the Board as of 26 August 2022.
Alastair Campbell, current Senior Independent Director, will remain an Independent Director. He will retire as previously planned on 31 January 2023, after nine years on the Board.
The appointment forms part of R&Q’s ongoing, and previously announced, plans to enhance its Board composition. The Board plans to introduce an Independent Non-Executive Chairman as soon as possible with the appointment of further Independent Directors in due course.
Robert Legget is Chairman of Progressive Value Management, a firm that focuses on the creation of shareholder value, which he co-founded in 2000. Prior to this, Robert was a Director, Corporate Finance, with Quayle Munro (now part of Houlihan Lokey), the Edinburgh-based merchant bank. During his career he has also held a number of senior finance and accounting roles. Robert is a qualified chartered accountant and holds an MBA.
R&Q Insurance Holdings’ William Spiegel commented: “Robert’s appointment will improve the mix of opinion, expertise and perspective available to the Board. In particular, his corporate governance experience and background in capital markets and advising investors will be of significant value.
I would also like to thank Alastair whose wisdom and insight has been invaluable to me and the Board. His considered and collaborative approach has been critical in helping guide the Board over many years, and I am pleased he will continue to make an important contribution until his well-earned retirement in January.”
Robert Legget said: “I look forward to working closely with William and his fellow Board members to help support the delivery of the current strategy and enable R&Q to achieve its potential.”
