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New appointment to the ABI Board

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.Andy Briggs

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:

Clive Bannister“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

 

-ENDS-

Notes for Editors

1. Enquiries to:

Malcolm Tarling                        020 7216 7410    Mobile: 07776 147 667

Sarah Cordey                           020 7216 7375    Mobile: 07860 189 071

Dominic Stannard                     020 7216 7350    Mobile: 07889  641 702

Melanie Fernandes                   020 7216 7660    Mobile: 07720 497 617

2. The Association of British Insurers is the voice of the UK’s world leading insurance and long-term savings industry. 
A productive, inclusive and thriving sector, we are an industry that provides peace of mind to households and businesses across the UK and powers the growth of local and regional economies by enabling trade, risk taking, investment and innovation.

3. An ISDN line is available for broadcast.

4. More news and information from the ABI is available on our web site, www.abi.org.uk.


Last updated 13/02/2018