Canada Life has appointed Andy Watson, currently a non-executive director, as its new chairman for the UK.
Watson (pictured) succeeds Derek Netherton who has decided to step down later this year after leading the provider for the past decade. Watson qualified as an actuary in 1989 and has worked at various insurance firms such as Direct Line, Co-operative Financial Services, RBS, HSBC and as chief executive of Ageas UK, before retiring from the role to start a portfolio career. Commenting on his new role, Watson said he was looking forward to taking over from Derek later this year and thanked him for his "excellent leadership". Watson stated: "I have admired his stewardship of Canada ...
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