INSURANCE group RSA has appointed Richard Houghton as its group chief financial officer.
Former Aspen Insurance CFO Houghton will replace George Culmer in June. Culmer is to join Lloyds Banking Group as a replacement for Tim Tookey.
Houghton previously worked at Royal Bank of Scotland as COO and group finance director for RBS Insurance. Prior to that, he was FD of Ulster Bank, an RBS subsidiary.
RSA chief executive Simon Lee said: “Richard has a proven track record as a group CFO, combining extensive knowledge of the insurance industry, solid technical expertise and an externally focused approach.
According to Robert Half’s annual FTSE 100 CEO Tracker, 55% of chief executives come from a finance background
Stuart Siddall to retire after five years at Thames Water
Hamayou Akbar Hussain, CFO of Prudential UK & Europe, moves to Hiscox, the Lloyd's of London insurer
Parity Group promotes group financial controller Roger Anthony to group finance director