Malcolm McCaig appointed new Chairman of Unum UK
12th April 2017
- The Prudential Regulation Authority (PRA) has approved the appointment of Malcolm McCaig as Chairman of Unum UK Board. McCaig takes over, with immediate effect, from Rick McKenney, President and Chief Executive Officer of Unum Group, who remains on the UK board as a non-Executive Director.
McCaig has been a non-Executive Director of Unum UK since July 2009 and Senior Independent Director since 1 January 2015.
Malcolm McCaig has a substantial track record as a non-Executive Director. In addition to taking on the role of Chairman at Unum Limited, he is also the Chairman of the Audit Committee at QBE Europe, Chairman of the Audit Committee at Tradition, Chairman of the Risk Committee at CMC Markets plc, and non-Executive Director at Ageas (UK). He was formerly Chairman of Kent Reliance Building Society (now OneSavings Bank), and Senior Independent Director at Punjab National Bank (International).
Previously, Malcolm was a Partner at both Deloitte and Ernst & Young, where he held leadership positions in their risk management consultancy practices, and held senior executive roles at Clydesdale Bank, CIGNA and Prudential.
Commenting on his appointment, Malcolm said: "I am delighted to take on the role of Chairman for such a considerate and ambitious organization and to support its Corporate and Social Responsibility programme, particularly on Diversity and Inclusion, and on financial education."
- Unum UK has recently appointed Sam Hoe-Richardson as a non-Executive Director, subject to regulatory approval by the Prudential Regulation Authority