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ABI Chairman welcomes Lord Hills appointment in the European Commission

European Commission president Jean-Claude Juncker today appointed Lord Jonathan Hill of Oareford as Director General of Financial Stability, Financial Services, and Capital Markets Union within his new team.

Paul Evans, ABI ChairmanCommenting on Lord Hill's appointment, Paul Evans, Chairman of the Association of British Insurers, said:

“The news that Britain’s next EU Commissioner, Lord Hill, has been appointed to the new post of Financial Stability, Financial Services and the Capital Markets Union is very welcome.

"Insurers play a valuable role in society and make a substantial contribution to the UK economy.

"Having British representation at the heart of the Commission through this significant new portfolio provides a real opportunity to drive for better outcomes.”

Last updated 01/07/2016