Clive Bannister, Group Chief Executive Officer of Phoenix Group Holdings PLC, has joined the Board of the ABI. Clive Bannister is the Group Chief Executive Officer of Phoenix Group Holdings PLC, the UK’s largest Closed Life Fund. Prior to this, Mr Bannister was Group Managing Director of Insurance and Asset Management at HSBC Holdings plc.
Commenting on the appointment, Andy Briggs, ABI Chairman, and Group Chief Executive Officer, UK Insurance, Aviva plc, said:
“I am delighted to welcome Clive to the ABI Board. He will bring a great deal of expertise and a fresh perspective to the wide range of topics that the ABI focuses on.”
Clive Bannister said:
“I am very pleased to be joining the ABI Board at a time of great change, challenge and opportunity for our industry. The current environment makes it more important than ever that the industry speaks with a clear voice, and that the growing closed fund consolidator sector plays a full part in these conversations. I look forward to working with other board members to help shape the future of our world-leading industry to ensure it continues to deliver best outcomes to customers”.
Clive Bannister joined HSBC in 1994 and held various leadership roles in planning and strategy in the Investment Bank (USA) and was Group General Manager and CEO of HSBC Group Private Banking. He started his career at First National Bank of Boston and prior to working at HSBC was a Partner in Booz Allen Hamilton in the Financial Services Practice providing strategic support to financial institutions including leading insurance companies, banks and investment banks. Mr Bannister is also Chairman of the Museum of London.
Details of ABI Board members
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Notes for Editors
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