Standard Life's Barry O'Dwyer has been confirmed in his appointment as chairman of the long-term savings and life insurance committee (LTSLIC).
Barry O'Dwyer is managing director, adviser & workplace at Standard Life, and has served on the committee for over five years.
As part of his role as chairman of the LTSLIC he will be on the board of the ABI.
The ABI has currently over 300 members who together account for 90% of premiums in the domestic insurance market.
In recent months the ABI has appointed a new chairman, Paul Evans, group CEO of Axa Uk, as well as seeing Legal & General quit its membership of the ABI.
Huw Evans, director of policy and deputy director general at the ABI, said: "This is an important industry role, and I am very pleased that Barry O'Dwyer has agreed to take it on. At a crucial time for the long-term savings and pensions industry, the ABI has a vital role to play in engaging proactively and helping shape the outcome of the big public policy challenges and opportunities, such as pension reform."
Barry O'Dwyer, said: "I am delighted to be taking up this important role at a time when our agenda is packed and challenging. Delivering the exciting pension reforms introduced in the Budget will be a clear focus, along with encouraging a broader savings culture in the UK. I look forward to working with the Committee to address the challenges and opportunities we face to help deliver secure financial futures for customers."
