RSA announced further senior appointments to its future structure following the completion of Intact Financial Corporation’s proposed takeover. Subject to the completion of the proposed takeover, RSA’s UK and International business will become wholly owned subsidiary of Intact with an independent Chair and Non-Executive Directors on its board. Mark Hodges will take on the position of Chair, subject to regulatory approval. Mark has had a long career in Financial and Consumer Services businesses, being both former CEO of Aviva’s UK business and member of their Plc Board, and a former CEO of British Gas and member of the Centrica Plc Board. Charlotte Jones, currently RSA’s Group Chief Financial Officer, will stay with the business for an initial period of up to 12 months to support the deal’s closure and integration activities. She will take on the role of CFO for RSA UK&I, as an executive member of the UK&I Board. Further non-executive appointments, to take effect following completion, will be announced in due course. The proposed takeover is currently expected to complete in Second Quarter 2021, subject to outstanding regulatory approvals being obtained.