RSA CEO To Exit – Replacement Named

Published date: .

RSA CEO to exit – replacement named

There is a new man at the helm of RSA UK & International after the company announced the departure of Steve Lewis today.

Lewis, the CEO of the UK and international division of RSA Group, joined the firm back in 2015 but is now being replaced by chief financial officer Scott Egan with immediate effect. Egan will continue to report to group CEO Stephen Hester, with RSA now searching for a replacement for the CFO role.

“I’d like to thank Steve for his service to RSA over the last four years, leading a comprehensive restructuring of our UK&I businesses,” said Hester. “In this period there have been some notable successes, although UK results in 2017 and 2018 have disappointed, particularly due to ‘London Market’ losses in areas now subject to the portfolio exits announced last year.

“In Scott we have a strong successor to Steve, who knows the business well and has broad experience in UK general insurance. Scott has done an excellent job as CFO at RSA since joining and I look forward to working closely with him in his new capacity.”

For his part, Egan remarked that he was delighted to be taking on the role after a period of substantial change in the region.

“Many of the fundamentals are in place and I look forward to working alongside my UK&I colleagues to ensure the region maximises its contribution to RSA’s ongoing success,” he said.