# Lancashire Holdings appoints Philip Broadley as Chair designate

- Link: https://www.directorstalkinterviews.com/lancashire-holdings-appoints-philip-broadley-as-chair-designate/4121132234
- Published: 2023-11-09T08:16:13+00:00
- Author: Amilia Stone

**Lancashire Holdings plc **(LON:LRE) has announced the appointment of Philip Broadley
as a Non-Executive Director of LHL with effect from 8 November 2023.  Mr Broadley
has also been appointed as the LHL Chair designate, and Lancashire expects his appointment
as Chair to take effect immediately following Lancashire’s 2024 AGM to be held on
1 May 2024, subject to shareholder approval.

Peter Clarke, who has served as Chair of Lancashire since 2016, has recently completed
nine years’ service as a Director on the Lancashire Board. In accordance with recommended
governance practice, Peter Clarke will therefore step down from his roles as Chair
and Non-Executive Director following the 2024 AGM.

Mr. Broadley is Senior Independent Director and Audit Committee Chair at [AstraZeneca PLC](https://www.directorstalkinterviews.com/ftse-company/astrazeneca/azn.l)
and a Non-Executive Director of Legal & General Group Plc and is expected to continue
in those roles.  Mr. Broadley began his career at Arthur Andersen in 1983, becoming
a partner in 1993, where he specialised in auditing banks and insurance companies.
Mr. Broadley was Group Finance Director at both [Prudential plc](https://www.directorstalkinterviews.com/ftse-company/prudential-plc/pru.l)
from 2000 and at Old Mutual plc from 2008 until 2014. He has served as Chair of 
the 100 Group of Finance Directors and as a member of the Code Committee of The 
Takeover Panel.  He chaired the Group Audit Committee of Legal & General for six
years. He is Treasurer of the London Library and Chair of the Board of Governors
at Eastbourne College.

The search for a Chair successor was led by Robert Lusardi, Lancashire’s Senior 
Independent Director.  The appointment process was conducted through Lancashire’s
Nomination Corporate Governance and [Sustainability](https://www.directorstalkinterviews.com/sustainability-green-stocks-news)
Committee and approved by the LHL Board.  

> **Peter Clarke said:**
> “I am delighted to welcome Philip to the Lancashire Group. Philip will bring a
> wealth of strategic and leadership skills to our Board.  He joins Lancashire at
> an exciting time, with great opportunities for profitable growth ahead.  I look
> forward to working closely with Philip and Alex in planning the transition in 
> the Chair role over the coming months.” 

> **Alex Maloney, Chief Executive Officer, said:**
> “We are delighted to announce Philip’s appointment as a Non-Executive Director,
> and to welcome him to the Lancashire Group. Philip’s extensive financial services
> and insurance experience will add great value to our Board, and I look forward
> to working with him in his role as Chair in due course.”     

> **Philip Broadley said:**
> “Lancashire is in a period of robust growth in a strong market environment.  I
> join a business which is in very good hands.  I am extremely pleased to accept
> my appointment to the Board.  I look forward to working with Alex and all my colleagues
> at Lancashire and to leading the LHL Board as Chair following the 2024 AGM.”

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