RSA promotes risk director to chief risk officer
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RSA Insurance Group P.L.C. has appointed William McDonnell as group chief risk officer, it announced Tuesday.
Mr. McDonnell currently is group risk director at London-based RSA and will take up his new post on Dec. 1, subject to regulatory approval.
He will succeed David Weymouth who will retire from the insurer in May 2015 to take up several nonexecutive roles. Mr. McDonnell will be based in London.
“I am pleased to appoint William McDonnell to the group executive team. His extensive risk management experience will ensure we continue to enhance the operational effectiveness of the group's risk oversight and control assurance processes,” said Stephen Hester, group CEO at RSA, in a statement.
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