UIL Limited Appointment of Director

RNS Number : 0083E

UIL Limited

21 February 2024

 

21 February 2024

 

UIL LIMITED

(LEI Number: 213800CTZ7TEIE7YM468)

 

Appointment of Director

 

The Board of UIL Limited ("UIL" or the "Company") is pleased to announce the appointment of Mr Peter Durhager as an independent non executive director with effect from 31 March 2024. 

 

Mr Durhager has over twenty five years of experience in financial, telecommunications and energy sectors. He is currently an executive director of the Allan & Gill Gray Foundation and a non-executive director of Harrington Re. He was formerly the President of RenaissanceRe Services Ltd and EVP & Chief Administrative Officer of RenaissanceRe Holdings Ltd. He was also formerly the Chairman of Ascendant Group Limited, America's Cup Bermuda and the Bermuda Community Foundation. In addition, he founded and ran a number of financial and telecommunications businesses as well as working in the banking sector. Mr. Durhager holds a bachelor's degree in Philosophy from Transylvania University in Lexington, Kentucky.

 

As referred to in UIL's half yearly report released earlier today, Mr Durhager is currently Chairman of Somers Limited, one of UIL's platform investments and, in advance of his appointment to the UIL Board, he will be retiring from the Somers board following its annual general meeting on 12 March 2024.

 

As at the date of this announcement Mr Durhager has no interests in the shares of the Company.

 

There are no further details required to be disclosed pursuant to section 9.6.13R of the Listing Rules.

 

 

Name of contact and telephone number for enquiries:

 

Alastair Moreton

For and on behalf of ICM Limited, Secretary

Telephone: [phone]

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