11th August 2009
Unum, one of the UK’s leading Group Risk providers, has strengthened its UK team with the appointment of Malcolm McCaig as non-executive director.
Malcolm is no stranger to the employee benefits market. He was headhunted to Cigna’s European management team in the 1990’s, to lead the reengineering of their UK business and IT systems. He also had a brief spell with Prudential UK, as the Executive Director responsible for risk and compliance.
Malcolm is a leading expert on risk, one of the current hot topics in financial services. He has the distinction of having been the lead partner in charge of Deloitte’s enterprise risk management practice, and subsequently held a similar partner role with Ernst & Young.
In his new role with Unum, Malcolm brings a strong pedigree as an independent, non-executive director. In the financial services sector, he currently holds non-executive director positions with Renaissance Capital Limited, Barbon Insurance Group Limited, and Kent Reliance Building Society. He is also on the Board of Crest Nicholson, one of the UK’s top house builders, as well as being an external member of the Audit Committee of the House of Lords.
Susan Ring, Chief Executive Officer at Unum, said: “We are delighted that we have recruited somebody of Malcolm’s calibre to this role. His considerable experience in the area of risk and extensive IT and business transformation experience will be a significant asset to our business and our clients. Malcolm has also proved himself adept at working within a complex UK business that has a US parent.”
Malcolm will further strengthen the Unum UK Board following the appointments of Peter Hales and Paul Bradshaw, who joined in August 2008.
Note: Malcolm’s appointment is subject to approval by the Financial Services Authority.
- ENDS -