The leadership team of the insurance, investment and retirement specialist Liverpool Victoria Financial Services Limited (LV=) has been under scrutiny in recent days and today the insurance provider has announced the appointment of Simon Moore as its new chair.
Moore, who will join the board as LV= chair subject to regulatory and other approvals, will take over from interim chair Seamus Creedon who will continue in his role as a non-executive director on the LV= board.
Throughout his 30-year career, Moore has amassed significant experience in the UK life insurance sector and asset management space. He served at a wide range of financial institutions including Lloyds Banking Group, Chase Manhattan Bank and Barclays Bank. He is also currently chair at PCF Group, RCI Bank UK and Cambridge & Counties Bank.
Commenting on the appointment, Creedon said he was delighted that Moore had agreed to join the board at LV=, and highlighted the incoming chair’s extensive commercial and technical knowledge of the life insurance sector and financial services. Moore has a strong track record of helping businesses thrive for all stakeholders, he said, and is “the right candidate to lead LV= into the future.”
“It has been a privilege to serve as interim chair since February,” he added, “and I very much look forward to working with Simon to ensure a smooth handover.”
Moore also commented on his appointment and said he was honoured to be taking the chair of such a distinguished British business, particularly at such an important time in LV=’s 179-year history. He noted he was attracted to the strength of the LV= brand and mutual ethos, and his focus will be on building a strong business for the benefit of its members, advisers and employees.
“As chair, I am determined that LV= will put its members at the heart of everything we do, as we drive the business forward,” he said. “LV= is a fantastic business which I am extremely proud to lead. I look forward to working with my board colleagues, and the wider LV= executive team, to forge a bright future for LV= as part of a vibrant mutual sector.”