5 August 2014 Insurance

XL boosts board with former Citigroup CFO

XL Group has appointed Edward Kelly to its board of directors.

In the past, Kelly has held roles as chairman of Citigroup Institutional Clients Group, as Citi’s chief financial officer, as general counsel and secretary of JP Morgan and as managing director of the Carlyle Group.

Robert Glauber, XL’s chairman, said: “We are thrilled to welcome Ned to XL’s board. We expect that Ned’s extensive and varied experience at several noteworthy financial institutions will bring a unique perspective to the company, particularly in the areas of capital management and strategic execution. We look forward to his future insights and the substantial contributions he will no doubt make.”

Kelly currently serves as the lead director of the board of CSX Corp. Previously he served on the board of several public companies, including The Hartford Financial Services Group and Axis Capital.

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