8 February 2016 Insurance

Aspen’s board of directors reduces as two depart

Re/insurer Aspen Insurance Holdings has announced that Richard Bucknall and Peter O’Flinn will not stand for re-election to the company’s board of directors when their current terms expire at the next Annual General Meeting scheduled to take place on April 21, 2016.

As a result, Bucknall and O’Flinn will no longer serve as Class III directors of the company as at April 21, 2016 and the size of the company’s board of directors will be reduced to 11.

Bucknall has been a director of the company since July 25, 2007 and is a member of the audit committee, the corporate governance and nominating committee and the risk committee. O’Flinn has been a director of the company since April 29, 2009 and is a member of the audit committee and the chair of the corporate governance and nominating committee.

Glyn Jones, chairman of the board of directors, said: “On behalf of the board of directors, I would like to thank Richard and Peter for their contributions to Aspen during their tenure.

“Both the board and executive management have benefited greatly from their excellent insights and robust and constructive inputs.”

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