Insurance, investment and retirement group LV= has appointed Luke Savage as an independent non-executive director of the Society. He joins the board on 01 February 2018 and will be a member of the Audit Committee.
Luke brings extensive experience from a range of ‘blue chip’ financial organisations. He was most recently Group CFO at Standard Life and prior to that Finance Director at Lloyd’s of London for ten years. Luke started his career at Dunlop as an engineer, subsequently joining PwC where he gained his ACA qualification, later moving to Lloyds Bank. In 1990 he joined Morgan Stanley, working across a range of roles over the course of 10 years as the bank grew, and subsequently moving to Deutsche Bank in 2004 as Global CFO, Equities.
Alan Cook, LV= Chairman, said: “Over the last six months we have been reshaping the board as we assemble the right team to take the business forward. With a varied background in senior financial roles across insurance and banking Luke brings a wealth of experience to LV= and I welcome him to the board.”
For more information please contact:
Jon Sellors, 0207 634 4447, 07711 701 806, [email protected]
LV= serves over 5.8 million customers with a range of financial products. We are the UK’s largest friendly society and a leading financial mutual.
When we started in 1843 our goal was to give financial security to more than just a privileged few and for many decades we were most commonly associated with providing a method of saving to people of modest means. Today we follow a similar purpose, helping people to protect and provide for the things they love, although on a much larger scale and through a wide range of financial services including insurance, investment and retirement products.
We offer our services direct to consumers, as well as through IFAs and insurance brokers.
Authorised by the Prudential Regulation Authority and regulated by the Financial Conduct Authority and the Prudential Regulation Authority. LVFS is a member of the ABI and ILAG. Registered address: County Gates, Bournemouth BH1 2NF.