Subject to regulatory approval and subject to approval at the insurer’s annual general meeting in April, Mike will succeed Annette Court who will retire from the Board at Admiral’s AGM.
Annette Court joined Admiral’s Board in 2012 and became Chair in 2017.
Mike Rogers has over 30 years of international financial services experience and was group chief executive officer of insurer LV= from 2006 until 2016. Prior to that, Mike worked at Barclays Bank for 20 years and held a number of senior roles including managing director of UK retail banking and managing director of small business banking.
Mike is currently chair of Experian and Aegon UK, and was previously a non-executive director of the Association of British Insurers.
Justine Roberts, senior independent director of the Admiral Board, said:
“We are delighted to have Mike taking on the Chair at Admiral following a rigorous assessment of external and internal candidates. I believe his knowledge and expertise will be of benefit to both the Board and the management team.
On behalf of the Board, I would like to thank Annette for her remarkable contribution to the Board, for guiding the Group through the pandemic and for agreeing to stay on to oversee the successful CEO transition from David Stevens to Milena Mondini de Focatiis. We wish her well for the future.”
“It is an honour for me to become chair of this fantastic company as it celebrates its 30th anniversary year. The Group is known for its strong performance and unique culture and I am excited to work with Milena and the management team to capitalise on forthcoming opportunities and grow the business.”