Lloyd's insurer Wellington Underwriting plc has appointed Julian Hance to its board as a Non-Executive Director with effect from 1 August 2004. He will also chair the Group's Audit Committee.
After qualifying as a chartered accountant with Deloitte Haskins & Sells, Mr Hance joined the Sun Alliance Insurance Group in 1986. In 1998 he was appointed Group Finance Director of the Royal & Sun Alliance Group, a position he held until his retirement earlier this year.
Mr Hance is a member of the Financial Sector and Other Special Industries Committee (ASB Sub Committee) and a member of the IASB Insurance Accounting Advisory Committee. He is also retained as a consultant to the Accounting Standards Board.
John Barton, Chairman of Wellington, said: "We are delighted that Julian Hance has agreed to join us. He brings a wealth of financial, corporate and technical knowledge which will be of very considerable benefit to the Board and the Wellington Group."
