Neon appoints Geoff Riddell as Non-Executive Chairman

London Wednesday 30 November, 2016

Neon appoints Geoff Riddell as Non-Executive Chairman

Neon is delighted to announce the appointment of Geoff Riddell as its new Non-Executive Chairman with effect from February 2017, subject to regulatory approvals.

Geoff brings with him over three decades of experience in the international and London insurance markets.

Geoff is currently Chairman of Pool Re, having joined its Board in 2015. He previously held several senior managerial roles at Zurich, where he was Chief Executive and then Chairman of Zurich Global Corporate, as well as Regional Chairman of Zurich’s Asia Pacific, Middle East and Africa operations. Prior to Zurich, Geoff held a series of senior roles at AIG including Country Head of AIG France, CEO of AIG Belgium and President and Managing Director Hong Kong.

Geoff has previously served as Chairman of the World Economic Forum Insurance Global Advisory Council, as a Member of the ABI General Insurance Council and as a member of the Lord Mayor of London’s Advisory Board.

John Mumford, Neon’s current Non-Executive Chairman, will step down from the Board in early 2017.

Martin Reith, Chief Executive Officer, Neon, commented:

“We are thrilled to have attracted such a high calibre Non-Executive Chairman as Geoff to join Neon. 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.

“We have created a strong leadership team at Neon and Geoff’s appointment is a key part of Neon’s evolution. The Board and I are very much looking forward to working with him.”

“I would also like to thank John for his stability through a period of significant change for the business and his contribution over the past decade.”

Geoff Riddell added:

“Neon is an exciting business, with an ambitious strategy and a compelling vision with strong capital backing from American Financial Group.”

“Martin has made considerable progress since he arrived and that is reflected by the energised approach he and his team have fostered. 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.”

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