Aegon UK’s finance chief to resign: Report

Leader of a major insurer is leaving after six years in the role for undisclosed reasons

Insurance News

By Louie Bacani

Clare Bousfield, the UK chief financial officer of major insurer Aegon, will leave the company next month due to undisclosed reasons.
 
The firm’s current finance director, Stephen McGee, will temporarily take over the role starting on August 1, Money Marketing reported.
 
Aegon would not reveal the reason for Bousfield’s unexpected resignation, according to the report.
 
The insurer’s chief executive Adrian Grace thanked Bousfield for her “broad contribution” during her six-year tenure.
 
Bousfield joined Aegon in September 2010 to replace then chief financial officer Bill Robertson.
 
A 26-year industry veteran, Bousfield previously held senior roles at two major firms before joining Aegon.
 
Bousfield began her career at PricewaterhouseCoopers, where she worked with clients in the UK insurance and investment management industry, from 1990 to 2001. She became a senior manager and had an assignment in the US.
 
She then worked at Swiss Re from 2001 to 2010 and served as head of group internal audit and chief financial officer for the UK life and health business and for the UK, Ireland and Africa region.
 
Bousfield’s departure is among the latest changes at the insurer’s British office. According to an earlier report by the International Adviser, Stephen Crosbie has been appointed to the newly created role of protection director for Aegon UK.
 
Crosbie assumed his role earlier this month after working on Aegon’s protection business for the last 10 years.
 
 
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