The Exeter appoints new chief financial officer

Gary Warman will step up from chief risk officer into the CFO role following Michael Payne’s departure to Lloyds Banking Group.

Related topics:  The Exeter,  new appointment
Lucy Whalen | Editorial Assistant, Protection Reporter
12th May 2026
New hire

The Exeter has today announced the appointment of Gary Warman as chief financial officer (CFO).

Gary is currently The Exeter’s chief risk officer, and he will take on the role following the departure of current chief financial officer Michael Payne, who is leaving the business to take up a new position with Lloyds Banking Group.

Gary will also sit on both The Exeter’s board of directors and executive leadership team.

The Exeter claims that the appointment reflects its focus on maintaining financial strength, supporting sustainable growth, and delivering long-term value for its members and adviser partners.

Gary joined The Exeter as chief risk officer in 2024. Before joining The Exeter, he held senior roles at JP Morgan Asset Management, Deloitte, Royal London and Aon.

In his new role, he will assume responsibility for finance, actuarial functions and The Exeter’s insurance solutions team, working closely with the wider executive team to support the business’s ongoing development.

"We are pleased to welcome Gary as chief financial officer," Isobel Langton, chief executive officer at The Exeter, said. "He combines financial and risk experience with a clear understanding of what matters to our members and advisers, and he will continue to play a key role in the future success of The Exeter.

"I’d also like to thank Michael for his contribution to The Exeter over his time with us. He’s played an important role in the business, and we wish him all the best in his new position."

Gary Warman added: "I’m delighted to take on this exciting new role and look forward to continuing to contribute to the organisation’s success as we look to the future. The Exeter has a clear purpose around supporting members when they need us most, and that’s something I’ve seen first-hand.

"I’m looking forward to building on that and continuing to work closely with colleagues across the business to ensure we continue delivering strong financial outcomes and long-term security for our members."

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