We are the voice of insurance and long-term savings | Contact us

ABI comments on Sam Woods appointment as Deputy Governor for Prudential Regulation

The Bank of England has announced that Sam Woods has been appointed as Deputy Governor for Prudential Regulation and Chief Executive of the Prudential Regulation Authority (PRA).

Commenting on the appointment, Huw Evans, Director General of the ABI, said:

"I congratulate Sam Woods on his appointment as Chief Executive Officer at the PRA. Sam is an excellent choice to lead the organisation and will be able to rely on proven understanding of the insurance and long-term savings markets as he faces the challenges of the next five years.

"As both the Chancellor and Governor noted, he is a highly committed public servant who has taken on tough challenges throughout his career to date, including the final implementation of Solvency II. He has a productive working relationship with the insurance and long-term savings industry which I look forward to him continuing as Deputy Governor."


Last updated 01/07/2016