MS Amlin announced that Simon Beale, MS Amlin’s chief underwriting officer, will succeed Charles Philipps as CEO on April 1, 2018.
With immediate effect Simon Beale will become deputy CEO, James Illingworth will become chief underwriting officer and Martyn Rodden will become chief risk officer.
Both Beale and Illingworth have been longstanding members of MS Amlin’s senior executive team.
Masahiro Matsumoto, director of the board, senior executive officer and head of International Operations of Mitsui Sumitomo Insurance Co. (MSI), said: “Simon Beale has the full support of MSI and the MS&AD Group and I am looking forward to working closely with him to develop MS Amlin as a core component of our international strategy.”
“We are pleased to have been able to fill these critical roles internally…,” commented Shonaid Jemmett-Page, MS Amlin’s chairman. “As CEO for nearly 19 years, Charles built MS Amlin from a Lloyd’s syndicate to an impressive international group. We wish him a well-earned and happy retirement.”
Source: MS Amlin
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