Specialist insurer Neon has appointed industry figure Geoff Riddell as the company’s new non-executive chairman.
Riddell will start in his new role in February 2017 to replace John Mumford, who will step down from the company board early next year.
Neon CEO Martin Reith said Riddell’s appointment is a “key part” of the insurer’s evolution.
“We are thrilled to have attracted such a high calibre non-executive chairman as Geoff to join Neon,” he said.
“His international and London Market experience will be invaluable as we continue to execute on our strategic vision for Neon to become a truly global specialist insurer,” Reith added.
Boasting over 30 years of industry experience, Riddell is currently chairman of state-backed Pool Re, having joined its board in 2015.
Riddell previously held several senior managerial roles at
Zurich, including chief executive and chairman of
Zurich Global Corporate. He was also the regional chairman of the insurer’s operations in Asia Pacific, the Middle East and Africa.
Before joining Zurich, Riddell held a series of senior roles at
AIG including country head of
AIG France, CEO of
AIG Belgium and president and managing director of the Hong Kong operations.
Riddell also served as chairman of the World Economic Forum Insurance Global Advisory Council, a member of the General Insurance Council of the Association of British Insurers, and as a member of the Lord Mayor of London’s Advisory Board.
“Neon is an exciting business, with an ambitious strategy and a compelling vision with strong capital backing from American Financial Group,” said Riddell, commenting on his appointment.
“I greatly look forward to joining as non-executive chairman to help support Martin, his senior leadership and the board as the business continues to gather momentum,” Riddell added.
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