Alleghany beefs up board with new independent director.

Insurance group  Alleghany Corporation has bolstered its board leadership by increasing the number of directors to nine.

The company has appointed Chris Cheesman (pictured) as a new independent director.

Cheesman is a member of the board of directors of American Century Investments' suite of equity mutual funds. She is a senior executive with more than 30 years of experience in the global investment management industry and previously served as senior vice president & chief audit executive at AllianceBernstein. Cheesman started her career at Price Waterhouse (PricewaterhouseCoopers).

Jefferson Kirby, chairman of Alleghany Corporation, said: "Chris is a terrific addition to the Board of Directors and the Alleghany family. She brings extensive expertise in corporate governance, audit, risk management, and regulatory compliance, and we look forward to benefiting from her knowledge and leadership."

Did you get value from this story?  Sign up to our free daily newsletters and get stories like this sent straight to your inbox.