4 November 2019Life

Resolution Life appoints two non executive directors

Resolution Life has appointed Maria Morris and Rachel Lomax as non executive directors on its board.

Morris was most recently executive vice president of MetLife, where she worked for 33 years, doubling its global group life, health, pensions and credit businesses. She also oversaw the successful integration of MetLife’s $16.4 billion acquisition of American Life Insurance Company (Alico), and sits as an independent director for S&P Global and Wells Fargo.

Lomax is an economist and former deputy governor of the Bank of England, and has held a range of UK government roles, including: permanent secretary of the Department of Work and Pensions; the Department for Transport and other senior positions within the World Bank, the UK Cabinet Office and the UK Treasury. She is currently deputy chair of the British Council and holds non-executive positions on the boards of Serco Group and Heathrow Airport Holdings. She has held directorships at HSBC, Reinsurance Group of America, Scottish American Investment and the Arcus European Infrastructure Fund.

Sir Clive Cowdery, executive chairman at Resolution Life, said: “These appointments will enhance our ability to serve the life insurance industry, grow our business and deliver policyholder benefits in a secure, well-capitalised environment.”

Resolution Life recently announced it is acquiring AMP Life in Australia for A$3 billion.