Former chairman, Edward de Jager, will remain as an active non executive director

Whittington Group has announced that John Loudon has been appointed as non executive chairman of the group.

John Loudon is currently chairman of both Caneminster Limited and XL London Market Ltd and a director of the management companies of three funds managed by GEMS, the leading Hong Kong based private equity fund manager.

Tony Hobrow, Whittington Group chief executive officer, said today: “I am delighted that John Loudon has agreed to accept the position of non executive chairman of the Whittington Group.

“His appointment underlines our growth strategy in the Asia Pacific and European regions in general. His extensive experience in insurance and corporate finance further strengthens the group’s existing expertise and reinforces our stated ambitions. I look forward to working closely with him.

“I am very pleased to confirm that our former chairman, Edward de Jager will remain as an active non executive director of Whittington Group. On behalf of the Board, I would like to extend my sincere thanks to him for his tremendous support, advice and most valuable contribution as Chairman of Whittington Group.”

John Loudon added: “I am very pleased to be joining the Whittington Group. I look forward to helping play my part in what is going to be a very dynamic period in Whittington’s growth as a specialist strategic insurance investor. I believe that the Group has the financial strength, appetite and entrepreneurial spirit to build a substantial international insurance business.”