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DUBLIN - FBD Holdings plc, a prominent insurer in Ireland, has announced significant changes to its board of directors following its Annual General Meeting held today. Mr. Liam Herlihy has stepped down from his role as Independent (LON:IOG) Non-Executive Director and Chair of both FBD Holdings plc and FBD Insurance plc.
Jim Bergin, who joined the boards of both entities in November 2024, has been appointed as the new Chair of FBD Holdings plc. His new position also includes the role of Chair of the Nomination and Governance Committee. Additionally, Bergin has joined the Risk Committee of both FBD Insurance plc and FBD Holdings plc.
In a statement, the newly appointed Chair, Jim Bergin, expressed his gratitude to his predecessor, saying, "I wish to thank Liam for his consistent and unwavering leadership of FBD and he leaves FBD as a strong, well-capitalized business which we will continue to grow on behalf of our shareholders and wider stakeholders. On behalf of the Board of Directors, we wish Liam well in his next endeavors. I am privileged and excited to take the position of Chairperson of the Board of FBD, and I look forward to working with my fellow directors in leading FBD into the future."
The transition comes after a planned and effective succession process, ensuring a smooth change in leadership within the company. FBD Holdings plc is known for its focus on the insurance needs of farmers, consumers, and business owners throughout Ireland, with a network of 34 branches nationwide.
The company’s shares are listed on Euronext (EPA:ENX) Dublin under the ticker FBD.I or EG7.IR and are traded on the Main Securities Market.
This strategic change in leadership is expected to guide FBD Holdings and its subsidiary, FBD Insurance, as they continue to serve their customers and stakeholders. The information regarding this leadership transition is based on a press release statement and complies with the Euronext Dublin Listing Rules.
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