5 January 2016 Insurance

AJG appoints non-exec board director

Arthur J Gallagher, the international division of Arthur J Gallagher & Co outside of the US, has appointed Lady Louise Patten as an independent non-executive director of the Arthur J Gallagher Holdings (UK) Board.

Patten will also sit as an independent non-executive director on both its remuneration and nominations committee and risk committee.

In addition to her position on the Arthur J. Gallagher Holdings (UK) Board, Patten will be non-executive chairman of its UK retail regulated entity — Arthur J Gallagher Insurance Brokers.

With a business career spanning nearly 40 years, Patten is currently senior adviser at global strategic consulting firm Bain & Company, having previously been a partner since 1993 focused on the retail and financial services sectors. She is also non-executive director at FTSE 100 firm Intu Properties, which owns and/or manages many of the UK’s top shopping centres, and senior independent director and chairman of the remuneration committee at AIM-listed life sciences company Abcam.

“Louise is not only hugely admired and universally respected as a driven, tenacious and committed independent non-executive director, but a passionate and enthusiastic enabler of business,” said Grahame Chilton, chief executive officer (CEO) of Arthur J Gallagher International.

“I am absolutely delighted that she has chosen to join the team here at Gallagher where her extensive experience will be incredibly beneficial as we execute on our strategic growth plans and seek to optimise performance while enhancing our customers’ experience.”

Stuart Reid, CEO of UK retail, added: “With such a distinguished career in business, and breadth of leadership roles where the consumer is placed at the very heart, Louise is the ideal non-executive chairman for our UK retail business.

“Her independent counsel and impartiality will be invaluable as we take this business to the next level.”

Patten commented: “I’m genuinely excited by the vision, aspirations and appetite to continually improve that I’ve found here at Gallagher.

“The potential for this business is tremendous and I’m very much looking forward to working with Chily, Stuart and the wider leadership team as well as my fellow independent non-executive directors to provide a creative and valuable contribution to its growth story.”

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