SAGA PLC Directorate and Management Change (8181T)
19 Novembre 2019 - 8:01AM
UK Regulatory
TIDMSAGA
RNS Number : 8181T
SAGA PLC
19 November 2019
19 November 2019
Saga plc
("Saga" or "the Group")
Directorate and Management change
Appointment of CEO of Insurance and Chief Operating Officer
Saga, the UK's specialist in products and services for people
aged 50 and over, is pleased to announce two new senior management
roles. Cheryl Agius will join the Board of Saga on 1 January 2020
as CEO of Insurance and Gilles Normand joins the executive team as
Chief Operating Officer on 25 November 2019.
CEO of Insurance
Cheryl will lead all aspects of our insurance business and will
be responsible for our insurance strategy, building on the early
success of our innovative 3-year fixed price product. Her
experience and strong track record of delivery in senior strategic
roles will be valuable as we bring together our Insurance Broking,
Underwriting and Claims Management businesses.
Cheryl joins from Legal & General with over 25 years'
experience in insurance, retirement and pensions. At Legal &
General, she was most recently Chief Executive Officer of its
General Insurance business. She led an organisational
transformation and change programme to separate the General
Insurance and Life divisions and become recognised in the market as
a leading data-driven, digitally-led business. She previously held
roles as UK Strategic Retirement Director and UK International
Development Director.
Before Legal & General, Cheryl has held roles with Aon
Hewitt, Lloyds TSB and Towers Watson. Cheryl is a Fellow of the
Institute of Actuaries.
Chief Operating Officer
Gilles will shape and lead the Group's transformation programme.
With the Saga brand and its customers at the centre, he will focus
on improving alignment and execution across the business, digital
and marketing transformation and creating a simpler and more
efficient Group.
Gilles has spent the last 10 years in executive positions
driving change at several companies within the Covéa Group, the
largest personal lines insurance group in France. Most recently, he
was Group CEO at Swinton, Covéa's retail insurer in the UK, leading
its simplification and digitalisation, with a focus on Swinton's
strong direct franchise.
Before Covéa, Gilles held senior positions in marketing and
strategy for the French Banking Federation and Crédit Agricole.
Lance Batchelor, Chief Executive Officer, said
"These are two important appointments as we continue the
transformation of Saga, and both Cheryl and Gilles will help drive
the new strategy we announced in April. They both have strong and
very relevant experience of strategic delivery and will build on
the momentum we have already created."
Cheryl Agius said
"I am delighted to be joining Saga to lead the next phase of
growth. Saga has a great brand and has demonstrated market leading
innovation. I am looking forward to working as part of a strong
team and applying our collective skills, to grow the business and
develop leading solutions for all our stakeholders."
Gilles Normand said
"I'm excited to be joining Saga, a much-loved brand which is
going into its next chapter as it progresses the new strategy. I
look forward to working with the talented team as we continue the
transformation."
Cheryl does not currently have any interest in shares in Saga.
There is no further information which would require disclosure
under 9.6.13R of the Listing Rules of the UK Listing Authority.
ENDS
For further information please contact:
Saga plc
Mark Watkins, Investor Relations Director Tel: 07738 777 479
Email: mark.watkins@saga.co.uk
MHP Communications
Tim Rowntree/Simon Hockridge Tel: 020 3128 8789/ 07551 170
451
Email: saga@mhpc.com
Notes to editors
About Saga
Saga is a specialist in the provision of products and services
for life after 50. The Saga brand is one of the most recognised and
trusted brands in the UK and is known for its high level of
customer service and its high quality, award winning products and
services including cruises and holidays, insurance, personal
finance and publishing. www.saga.co.uk
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END
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