"Chaucer is fortunate to have such a strong leadership team and strong culture across the organisation that will enable its continued prosperity."
- Dr He Chunlei, chairman of China Re Group
John Fowle joined Chaucer in 2002 and was appointed CEO in 2017. He feels that the past six years have been “hugely fulfilling” but it is “the right moment in my career to step aside and pursue new opportunities, letting the next leader of Chaucer build on what we have achieved.”
Fowle believes he’ll be leaving the business in “great shape, with a fantastically capable senior team, brilliant colleagues, and a very supportive owner in China Re.” He wishes everyone at Chaucer the very best for the future.
Until a successor is appointed, Rob Callan will take on the role of interim CEO alongside his current role as CFO, subject to regulatory approval.
In an official statement, Chaucer has said that its “sustained growth in premium and reputation and consistently strong operating performance” underlines the health of the business.
Commenting on this departure, Paul Jardine, non-executive chair at Chaucer, has said:
“I would like to take the opportunity to thank John on behalf of the Board and our colleagues across Chaucer for his leadership over the last 20 years. John has been an inspirational Group CEO and leaves Chaucer in an extremely strong position to thrive as we look forward.
“He has been instrumental in driving the successful performance of the business over many years and particularly since Chaucer was acquired by China Re. The business has delivered on the five-year post-acquisition plan, including the doubling in size of the business while delivering market-leading results. John will be greatly missed and we wish him well for the future.
“We are now entering into a process of identifying John’s successor but, with Rob as interim Group CEO, and the combination of our hugely talented leadership team and our superb colleagues, the business is in very capable hands.”
Dr He Chunlei, chairman of China Re Group, added:
“We would like to extend our sincere thanks to John for his leadership since Chaucer became part of China Re. As Chaucer Group CEO, he has overseen the organisation’s exceptional performance during that time.
“We are proud and committed owners of Chaucer and we are very much looking forward to its continued growth and future success.”