R&Q director steps down to take part-time exec role

Randall & Quilter Investment Holdings (R&Q) director Mark Langridge will step down from his post on December 13, 2019.

Langridge will retain a part time executive role advising on claims and reinsurance matters for legacy companies in the group. He will also continue as a director of a number of group subsidiary companies.

Following the change, the senior management team of the legacy division will now report directly to Roger Sellek who is joint group CEO.

In October, the company bolstered its legacy management team with the addition of Mike Walker as chief restructuring officer.

Ken Randall, R&Q chairman, said: “I am grateful to Mark for his years of valuable contribution to the development of the group and especially for his leadership of our legacy business. He has a deep understanding of the particular challenges involved in managing claims exposures and related reinsurance protections arising from long tail casualty business and I am therefore very pleased that he has agreed to continue working with us on a part time basis going forward.”