ABI appoints deputy chair

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The Affiliation of British Insurers (ABI) has appointed
Julian Adams as its deputy chair.

Adams, who’s director, public coverage and regulation at
M&G plc, the holding firm of the Prudential Assurance Firm, will
serve alongside chair Jon Dye till summer season 2020.

He has been an ABI board member since 2016.

“I’m happy to be taking up this position at such an
vital time for our trade,” stated Adams. “At time of unprecedented
uncertainty, by no means has our world main long-term financial savings and insurance coverage
trade been extra essential in supporting our tens of millions of shoppers via
typically troublesome occasions.”

Adams has additionally been govt director of insurance coverage
supervision on the Financial institution of England, and served in an identical position on the
Monetary Providers Authority. He chaired the Monetary Stability Committee of
the Worldwide Affiliation of Insurance coverage Supervisors and in addition sat on its govt
committee.

ABI director normal Huw Evans stated Adams’
wealth of expertise, each from inside and outdoors of the trade, can be
invaluable in representing the long-term financial savings and insurance coverage market because it
navigates and rises to the challenges and alternatives of a fast-changing
world.

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