The Board of UIL Limited announced the appointment of Mr. Peter Durhager as an independent non executive director with effect from 31 March 2024. Mr. Durhager has over twenty five years of experience in financial, telecommunications and energy sectors. He is currently an executive director of the Allan & Gill Gray Foundation and a non-executive director of Harrington Re.

He was formerly the President of RenaissanceRe Services Ltd. and EVP & Chief Administrative Officer of RenaissanceRe Holdings Ltd. He was also formerly the Chairman of Ascendant Group Limited, America's Cup Bermuda and the Bermuda Community Foundation. In addition, he founded and ran a number of financial and telecommunications businesses as well as working in the banking sector. Mr. Durhager holds a bachelor's degree in Philosophy from Transylvania University in Lexington, Kentucky.