Press release

LV= appoints Debbie Kennedy and Clive Bolton to lead its Protection and Retirement Solutions & Heritage businesses

Financial services mutual LV= has appointed Debbie Kennedy to lead its Protection business with Clive Bolton taking on the leadership of its Retirement Solutions & Heritage business. Both appointments are effective from 01 July and are subject to regulatory approval.

Debbie has a wealth of experience in the life insurance industry and joins LV= from MLC Life Insurance, based in Melbourne, Australia where she is General Manager Business Design & Change and was previously Chief Underwriting Officer. Prior to this she was Group Head of Protection Strategy at Royal London. Debbie has also held a number of senior protection roles at Scottish Equitable, Swiss Re, AXA and Capita.

Clive’s move to concentrate on the Retirement Solutions & Heritage business reflects the company’s increased focus on the retirement sector where he has the necessary deep expertise and experience to help LV= win in this important market.

Debbie will join Clive on the executive team and both will report directly to Richard Rowney, LV= Chief Executive.

Richard Rowney, LV= Chief Executive, said: “Debbie brings a real breadth of expertise in Protection to our business along with strong leadership skills having worked in a number of diverse environments.  We have big ambitions for both our Protection and Retirement businesses and with Debbie and Clive at the helm I’m confident we’ve got the right leadership to enable LV=’s continued success.”

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About LV=

LV= is a leading financial mutual and serves over 5.8 million customers with a range of financial products. 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 brokers.

Liverpool Victoria Friendly Society Limited (LVFS) is authorised by the Prudential Regulation Authority and regulated by the Financial Conduct Authority and the Prudential Regulation Authority. Registered number 110035. Registered address: County Gates, Bournemouth BH1 2NF