Admiral Group Plc appoints Keith Davies as Group Chief Risk and Compliance Officer. Keith will report into Milena Mondini de Focatiis, Admiral's Group CEO. He joins from Federated Hermes Limited where he was Chief Risk &Compliance Officer.

Admiral Group Plc ("Admiral") names Keith Davies Group Chief Risk and Compliance Officer effective September 2022. Keith will develop, implement, and oversee Admiral's Risk and Compliance functions and frameworks to safely deliver strategic objectives. Admiral Group CEO Milena Mondini de Focatiis will oversee Keith.

From Federated Hermes Limited, Keith was Chief Risk & Compliance Officer. Keith was M&G Plc's Chief Risk and Resilience Officer and a member of the Executive Committee that prepared M&G for its de-merger from Prudential before joining Federated Hermes in 2020.

Keith also served as Prudential Group Head of Internal Audit, Chief Risk & Compliance Officer for M&G Prudential and Prudential UK Insurance Business, and Chief Risk Officer for the Treasury and Portfolio Management businesses.

Keith managed risk and audit at Standard Chartered, Standard Bank, and Deutsche Bank before joining Prudential. Two years in the Financial Services Authority Policy team followed. Keith is a Non-Executive Director and Audit and Risk Committee Chair for Admiral Insurance Company Limited AICL and Admiral Insurance (Gibraltar) Limited.

"I am thrilled that Keith will be joining us later this year as he has a wealth of risk management experience and a strong track record for building global risk oversight models," said Admiral Group CEO Milena Mondini de Focatiis.

" Keith understands and shares our strategy and goals. I think he'll be a great manager and look forward to working with him.”

Source: Admiral Group news