Royal London Isabel Hudson appointed Chair of Royal London

RNS Number : 6803T

Royal London

17 January 2025

 

                                                                                                                                      17 January 2025

 

Isabel Hudson appointed Chair of Royal London

Royal London today announces the appointment of Isabel Hudson as a non-executive director and as Chair of The Royal London Mutual Insurance Society Limited with effect from 10 February 2025. Lynne Peacock, current Interim Chair, will step down from the Royal London Board on 9 February 2025.

Ms. Hudson has extensive financial services experience spanning insurance, pensions and regulation, together with non-executive roles in the telecoms and house building sectors. She is currently a non-executive director at AXA SA and Chair of Guide Dogs. Among other roles, Ms. Hudson has served on the Boards of RSA Insurance Group plc, Phoenix Group Holdings, BT, National House Building Council, The Pensions Regulator and Standard Life.

Commenting on the appointment, Lynne Peacock, Interim Chair said:

"Isabel brings significant financial services insight and an impressive board portfolio, including experience from other sectors. Her deep understanding of the key markets in which Royal London operates will be of immense value to the Royal London Board and its members. I wish Isabel and Royal London the very best for the future."

Barry O'Dwyer, Group Chief Executive Officer, said:

"Isabel is an excellent choice to be the next Chair of the Board of Royal London. Royal London is a customer-owned mutual and Isabel shares my passion for mutuality. I am looking forward to working with her to deliver even more for the customers we serve.

"I also want to thank Lynne Peacock, Interim Chair, who will be stepping down from the Board, and I wish her every success for the future."

Isabel Hudson said:

"I am delighted to join the Board of a company with a long and distinguished history of mutuality and a strong sense of purpose. Royal London's commitment to helping build financial resilience is particularly important to me. I look forward to working with the Board and wider management team and focusing on delivering long-term value for our members and customers."

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For further information please contact:

Lora Coventry, Senior PR Strategy Manager ([e-mail] / 07919 170673)

 

Notes to editors

Ms. Hudson will chair the Nominations and Governance Committee and the Disclosure Committee, and will become a member of the Remuneration Committee with effect from 10 February 2025. 

Recent non-executive appointments

2024 - present	Guide Dogs, Chair
2023 - present	ISC Group CIC, non-executive director
2020 - present	AXA SA, non-executive director & Chair of Audit Committee
2014 - 2024	BT, non-executive director, Designated Non-Executive for employees & Chair, Compliance Committee since 2019
2016 - 2019	RSA Insurance Group plc, Senior Independent Director from 2017, previously non-executive director
2011 - 2020	National House Building Council from 2011 & Chair from 2017
2010 - 2017	Phoenix Group Holdings plc, non-executive director
2014 - 2016	Standard Life plc, non-executive director
2010 - 2013	MGM Advantage Life Ltd, non-executive director & Chair, Audit Committee
2009 - 2014	Pensions Regulator, non-executive director
2005 - 2014	QBE Insurance Group Ltd, non-executive director & Chair, Remuneration Committee

 

About Royal London

Royal London is the largest mutual life, pensions and investment company in the UK, and in the top 30 mutuals globally*, with assets under management of £169 billion, 8.5 million policies in force and over 4,400 employees. Figures quoted are as at 30 June 2024.

*Based on total 2022 premium income. ICMIF Global 500, 2024

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